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This paper aims at probing into the topic of power units’ operation and dispatch based on Carbon Dioxide (CO 2 ) trading scheme. The trading cost of CO 2 emission is embedded into the traditional economic dispatch model, which will be solved by the New Particle Swarm Optimization (NPSO). By considering the CO 2 trading scheme, the influences of the various strategies for unit’s...
This paper proposed a price forecasting system for electric market participants to reduce the risk of price volatility. Combining the Radial Basis Function Network (RBFN) and Orthogonal Experimental Design (OED), an Enhanced Radial Basis Function Network (ERBFN) has been proposed for the solving process. The Locational Marginal Price (LMP), system load, transmission flow and temperature of the PJM...
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