Intro to Power System and Electricity Market Models

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This collection is meant to be an introduction to and collection of standard model formulations for power systems. For now, it focuses on (linear) optimal power flow formulations to support techno-econoic power system analyses. These materials have been created for the course ISE 487: Energy System Modeling and Optimization at Rutgers University.

This is the gurobipy version of this material. A Julia/JuMP version is comming soon. A cvxpy and a AMPL version is planned.

We are constantly working on expanding and improving this material. If you want to contribute or report bugs/errors please reach out. You will find my contact information here.

Content

• Linear Programming Mini Example
• Load Duration Curve
• Basic Capacity Planning
• Economic Dispatch
• Welfare Maximizing Market Clearing
• Unit Commitment
• Optimal Power Flow and Locational Marginal Prices
• Battery and Solar Investment

Notes

Thanks to:

• Thomas Mortimer