Practical Requirements for ISO Systems
Much of the literature and debate about the development of ISOs focuses on two or three problems: market rules, congestion management and pricing, and codes of conduct. This is appropriate since only a few ISOs are formed as of this writing and only 2 or 3 actually have detailed protocols, systems to implement their business operations, and certain operational dates for a market that includes retail access.
KeywordsMarket Participant Spot Market Optimal Power Flow Practical Requirement Congestion Price
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