arrow
Return

Multi-Parametric Nonlinear Programming for Lossy LMP Sensitivity Analysis Using Outer Progressive Cuts

delete2026-07-01
delete0
PRE
AI
Y
Yuhan Huang
丁涛 cover
丁涛 (Tao Ding) *
C
Chenggang Mu
R
Rui Bo
P
Pengwei Du
DOI:10.1109/tpwrs.2026.3670782delete
deleteOriginal
deleteOriginal request for help
deleteShare
deleteSave
Abstract

Abstract

En 中文
Accurate sensitivity analysis of locational marginal price (LMP) is crucial for risk hedging and market management. This paper proposes multiparametric nonlinear programming for sensitivity analysis of LMP with nonlinear network loss, also known as lossy LMP. Global analytical solutions for lossy LMP and the corresponding critical regions are derived. An outer progressive cut algorithm is developed to constrain the network loss error within a specific range for the whole parametric domain. Case studies show the improved accuracy over methods with lossless or fixed loss factors, and a two-order-of-magnitude online speedup over Monte Carlo methods while maintaining lower total computational time.
Keywords:
Sensitivity analysis
Costs
Propagation losses
Generators
Wind power generation
Programming
Load modeling
Computational modeling
Accuracy
Wind farms
Locational marginal price
multi-parametric nonlinear programming
network loss
outer progressive cuts
sensitivity analysis

Journal

IEEE Transactions on Power Systems cover
IEEE Transactions on Power Systems
IF:
7.2
Papers:
1.1W
Citations:
5.0W

Organization

X
Xi'an Jiaotong University
Scholars:
4.7K
Papers: 1.2K
Citations: 0
University of Missouri System cover
University of Missouri System
Scholars:
3.0W
Papers: 2.7W
Citations: 75
M
Missouri University of Science and Technology
Scholars:
54
Papers: 32
Citations: 0
researcher View more organizations
Cited Papers

Cited Papers

No cited papers available