Showing papers by "Chen-Ching Liu published in 2006"
TL;DR: A method for analyzing and assessing events that occur at the interface of the power and telecommunications infrastructures is presented.
Abstract: The modern power infrastructure has evolved from small isolated circuits into an expansive interconnected system that is dependant on multiple supporting infrastructures. One of the most significant and potentially detrimental supporting infrastructures to interact with power systems is telecommunications. Currently, there are no established analytic techniques that enable system operators or planners to analyze the interactions that occur at the seam between these two infrastructures. This paper presents a method for analyzing and assessing events that occur at the interface of the power and telecommunications infrastructures
52 citations
01 Oct 2006
TL;DR: In this article, a factor model is proposed to forecast shadow prices for a market based on locational marginal prices, which is a useful tool for market participants as well as market operators in a wholesale electricity market.
Abstract: Day-ahead shadow price forecasting is a useful tool for market participants as well as market operators in a wholesale electricity market. Shadow price forecasting is seen by market operators as an additional decision-making support tool for congestion management. Similarly, different market participants may use shadow price forecasting as a tool for strategy improvement in day-ahead or spot markets. This paper proposes a factor model to forecast shadow prices for a market based on locational marginal prices. The proposed approach handles time series using least-squares estimation. This method performs day-ahead shadow price forecasting and provides interpretable signals for different congestive conditions
29 citations