'Shadow price' presentation slideshows

Western Interconnection 2006 Congestion Assessment Study

Western Interconnection 2006 Congestion Assessment Study. Prepared by the Western Congestion Analysis Task Force May 08, 2006. Western Interconnection 2006 Congestion Study - DOE Task 3 -. 2008 Modeling Study 2015 Modeling Study 2015 Planned Resource Development (IRPs and RPS)

743 views • 62 slides

Greg Hertzler Todd Sanderson

A stochastic optimal timing approach to modelling the transformation of agricultural systems subject to climate change. Greg Hertzler Todd Sanderson . Tim Capon. Peter Hayman. Ross Kingwell. The Australian wheat belt. Source: Adapted from ABARES. Example gross margins for sheep and wheat.

642 views • 56 slides

Security Constrained Economic Dispatch

Security Constrained Economic Dispatch. Resmi Surendran. Outline. Overview of the SCED Texas two step SCED optimization. Security Constrained Economic Dispatch.

643 views • 40 slides

Fairness, Flow Control & Multi-User Games

431 views • 36 slides

The Geometry of Linear Programs the geometry of LPs illustrated on GTC Handouts: Lecture Notes

15.053. February 5, 2002. The Geometry of Linear Programs the geometry of LPs illustrated on GTC Handouts: Lecture Notes. But first, the pigskin problem (from Practical Management Science). Pigskin company makes footballs All data below is for 1000s of footballs

427 views • 28 slides

Market Trials 168-Hour Test

Market Trials 168-Hour Test. Daily Update Meeting. Sept 15, 2010. Antitrust Admonition. ANTITRUST ADMONITION

365 views • 28 slides

ENHR Housing Economics Workshop

ENHR Housing Economics Workshop.

336 views • 24 slides

UNEP Country Project on Trade Liberalisation in the Agriculture sector and the Environment

UNEP Country Project on Trade Liberalisation in the Agriculture sector and the Environment. The rice sector in Indonesia 19 February 2003 Geneva. Project Leader: M. Suparmoko, Ph.D [Jenderal Soedirman University]. Trade liberalization in the Indonesia rice sector. Background.

342 views • 24 slides

Valuation: capital & discount rate

Valuation: capital & discount rate. (Cost Benefit Analysis DEC 51304) R. Jongeneel Z&D Ch.3 and 13. Lecture Plan. Interest rate in 1st best world The present value criterion Ethical basis for discounting Economic growth rate Discount rate in 2nd best world Shadow price-approach.

394 views • 22 slides

SCED Overview and Results

SCED Overview and Results. Chad Thompson, ERCOT Special ROS PGRR011 Workshop October 21 st , 2011. Presentation Outline. Real-Time Congestion Management Overview What Contingencies/Constraints are Considered? Constraints Irresolvable by SCED Actions Used to Maintain System Security

337 views • 21 slides

Congestion Measures for Organized Electricity Markets in the U.S.

Congestion Measures for Organized Electricity Markets in the U.S. Emily Fisher Lawrence Berkeley National Lab Center for Climate and Energy Decision Making Carnegie Mellon University February 10, 2014. Electricity Transmission Constraints and Congestion.

372 views • 20 slides

Agenda

Agenda. Practice Exam to help you prepare for Tuesday Questions. Practice Exam: Problem 1. Autopower Europe trying to ship motors from the ports to the plants. What are the basic variables in this optimal solution? Sensitivity Report. B asic Variables. How many should there be?

318 views • 19 slides

Postscript on assignment 8

Postscript on assignment 8. One E.R. faster than two separate ones. Emergency Dept. Emergency Dept. Emergency Dept. Linear Programming I. HSPM J716. Linear Programming. Optimization under constraint Linear constraints and objective function.

344 views • 18 slides

The return of the 5 year plan

The return of the 5 year plan. David Epstein, Karl Claxton, Mark Sculpher (CHE) Zaid Chalabi (LSHTM). Mathematical programming for allocation of health care resources. Medical Research Council Health Services Research Collaboration. This study. Builds on existing decision framework

249 views • 18 slides

309 views • 15 slides

Tests for Reasonable LMPs & Price Validation Tool Overview

Tests for Reasonable LMPs & Price Validation Tool Overview. NATF. October 27, 2009. 6 Month LMP Posting. 6 Month LMP Posting. References:. ERCOT Nodal Transition Plan v2.0.

411 views • 15 slides

Genesys Model

Genesys Model. A Monte Carlo Simulation. Random Variables. Water Conditions Load (temperature) Thermal FOR Wind. Genesys Dispatch. Monthly Window (user specified) Day Hour. Monthly Dispatch. Hydro regulator determines available hydro Hydro divided into blocks (URC, etc.)

252 views • 13 slides

Valley Import Constraint

Valley Import Constraint. John Dumas. Objective. Establish an appropriate Shadow Price for the Valley Import limit

252 views • 12 slides

Another example

Another example. Max z=5x1+12x2+4x3-MR S.t . x1+2x2+x3+x4=10 2x1-x2+3x3+R=8 X1,x2,x3,x4,R >=0. The optimum table is in next slide, find the dual problem and its optimal solution. Answer y1=29/5 y2= -2/5. Dual Price. Z=W Z is the dollars and W should also be the dollars. W= ?bi yi

138 views • 6 slides

Alignment of CSC Shadow Price Caps with New System-wide Offer Caps

Alignment of CSC Shadow Price Caps with New System-wide Offer Caps. ERCOT WMS Meeting January 16, 2008. Background. CSC shadow price cap of $2,500/MW implemented via SCR 747 on 12/07/2006

226 views • 4 slides