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This paper presents the numerical analysis of the bilevel programming approach for revenue- and network-constrained market clearing developed in its companion paper. The impact of minimum revenue conditions and minimum declared profits on generation and consumption levels as well as on locational marginal prices for energy is examined in detail through three case studies. First, the results from an...
Traditionally, the optimal power flow (OPF) assumes a constant (active and reactive) power load model and thus it neglects the effect of the voltage sensitiveness of power load injections. As a consequence, the results from the OPF may be distorted and lead to suboptimal solutions. This paper proposes an optimal power flow, which seeks to minimize the total active power losses of a distribution network...
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