Multi-Leader Single-Follower Power-Market Modeling: The Impact of DC Market-Clearing on AC Feasibility

We study the impact of DC power flow modeling in multi-leader single-follower market models on the AC feasibility of the market outcome. To this end, we consider strategically bidding power producers that are connected to an electricity network and a market-clearing executed by an ISO. The focus is on a pay-as-bid electricity market in which … Read more

Designing AC Power Grids using Integer Linear Programming

Recent developments have drawn focus towards the efficient calculation of flows in AC power grids, which are difficult to solve systems of nonlinear equations. The common linearization approach leads to the well known and often used DC formulation, which has some major drawbacks. To overcome these drawbacks we revisit an alternative linearization of the AC … Read more