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The network flow method is used in many areas and also in power system problems. The main application in power system is optimal power flow calculation, and this article presents three approaches complementing early developments: direct current optimal power flow, direct current optimal power flow with explicit losses and alternating current optimal power flow. We detail the mathematical formulation...
This paper presents a new set of methodologies and tools to implement multilateral trades in a restructured electricity market. Loss minimization is made an objective, realized through elasticized transmission charge. This charge is designed to acts as a financial instrument that penalizes deviation from least loss formulation. To reduce its impact coalition formation is envisaged in a cooperative...
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