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A generator co-optimizes its energy and reserve market bids and finds that it should set its marginal cost of energy equal to the energy price
A generator co-optimizes its energy and reserve market bids and finds that it should set its marginal cost of energy equal to the energy price and its marginal cost of reserves to the reserve price. What does this imply about the generator's constraints
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Economics
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
18th edition
978-0077413798, 0-07-336880-6, 77413792, 978-0-07-33688, 978-0073375694
