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Security Constrained Unit Commitment for Electricity Market: Modeling, Solution Methodology and Future Challenges (TR96)

Chair: Yonghong Chen, Midcontinent Independent System Operator (MISO), Vice Chair: Feng Pan, Pacific Northwest National Lab (PNNL), Secretary: Feng Qiu, Argonne National Lab (ANL), Members & Contributors: Tongxin Zheng, Muhammad Marwali, Haiwang Zhong, Bernard Knueven, Yongpei Guan, Peter Luh, Bing Yan, Mikhail Bragin, Lei Wu , Ross Baldick, Anthony Giacomoni, Boris Gisin, Qun Gu, Alinson S Xavier, Russ Philbrick, Jie Wan, Fran Li, Qiaozhu Zhai

  • PES
    Members: Free
    IEEE Members: $45.00
    Non-members: $70.00
    Pages/Slides: 48
15 Apr 2022

This report summarizes the technical activities of the IEEE Task Force on Solving Large Scale Optimization Problems in Electricity Market and Power System Applications. This Task Force was established by the IEEE Technology and Innovation Subcommittee to first review the state-of-the-art of the security-constrained unit commitment (SCUC) business model, its mathematical formulation, and solution techniques in solving electricity market clearing problems. The Task Force then investigated the emerging challenges of future market clearing problems and presented efforts in building benchmark mathematical and business models.

Chairs:
Chair: Yonghong Chen, Midcontinent Independent System Operator (MISO), Vice Chair: Feng Pan, Pacific Northwest National Lab (PNNL),
Secretary: Feng Qiu, Argonne National Lab (ANL)
Primary Committee:
Power System Operation, Planning and Economics Committee (PSOPE)
Sponsor Committees:
Prepared by the Task Force on Solving Large Scale Optimization Problem in Electricity Market and Power System Applications of the Technologies and Innovation Subcommittee