The unification of European day-ahead electricity markets leads to several challenging problems some of which arise from the mathematical formulation of the common power exchange (PX). The officially proposed clearing algorithm – called EUPHEMIA – is a hybrid framework containing diverse and quite complicated elements. The straightforward formulation of a few bid types – most importantly, the Minimum Income Condition (MIC) orders for suppliers – would refer the clearing into the category of non-convex mixed integer quadratically constrained programs (MIQCPs) which is one of the hardest class of optimization problems.Several attempts have been made to efficiently execute the clearing but the question is not yet finally answered. A new formul...
Optimal power flow (OPF) and unit commitment (UC) are two of the most important optimization problem...
This paper introduces the concept of market design and make the distinction between the three differ...
Nowadays, the payment scheme of European Day-Ahead Market is based on the market clearing price by r...
The unification of European day-ahead electricity markets leads to several challenging problems some...
In the framework of EUPHEMIA, Minimum Income Condition (MIC) orders are supply orders consisting of ...
In Europe, orders are submitted to power exchanges integrated under the Price Coupling of Region pro...
In this paper, we study the so-called minimum income condition order, which is used in some day-ahea...
We provide with the first formulation of an optimization problem that aims at minimizing total oppor...
We examine the problem of clearing day-ahead electricity market auctions where each bidder, whether ...
We examine the problem of clearing day-ahead electricity market auctions where each bidder, whether ...
Currently, the integration of European Electricity Market (EEM) has led to a single European Day-Ahe...
It is well-known that a market equilibrium with uniform prices often does not exist in non-convex da...
The European market clearing problem is characterized by a set of heterogeneous orders and rules tha...
ABSTRACT. The European power grid can be divided into several market areas where the price of electr...
We propose a simple market scenario with fill-or-kill, block and minimum income orders to test the e...
Optimal power flow (OPF) and unit commitment (UC) are two of the most important optimization problem...
This paper introduces the concept of market design and make the distinction between the three differ...
Nowadays, the payment scheme of European Day-Ahead Market is based on the market clearing price by r...
The unification of European day-ahead electricity markets leads to several challenging problems some...
In the framework of EUPHEMIA, Minimum Income Condition (MIC) orders are supply orders consisting of ...
In Europe, orders are submitted to power exchanges integrated under the Price Coupling of Region pro...
In this paper, we study the so-called minimum income condition order, which is used in some day-ahea...
We provide with the first formulation of an optimization problem that aims at minimizing total oppor...
We examine the problem of clearing day-ahead electricity market auctions where each bidder, whether ...
We examine the problem of clearing day-ahead electricity market auctions where each bidder, whether ...
Currently, the integration of European Electricity Market (EEM) has led to a single European Day-Ahe...
It is well-known that a market equilibrium with uniform prices often does not exist in non-convex da...
The European market clearing problem is characterized by a set of heterogeneous orders and rules tha...
ABSTRACT. The European power grid can be divided into several market areas where the price of electr...
We propose a simple market scenario with fill-or-kill, block and minimum income orders to test the e...
Optimal power flow (OPF) and unit commitment (UC) are two of the most important optimization problem...
This paper introduces the concept of market design and make the distinction between the three differ...
Nowadays, the payment scheme of European Day-Ahead Market is based on the market clearing price by r...