Real-time control of power systems using nodal prices

A. Jokic, M. Lazar, P.P.J. Bosch, van den

Research output: Contribution to journalArticleAcademicpeer-review

98 Citations (Scopus)
1 Downloads (Pure)


This article presents a novel control scheme for achieving optimal power balancing and congestion management in electrical power systems via nodal prices. We develop a dynamic controller that guarantees economically optimal steady-state operation while respecting all line flow constraints in steady-state. A benchmark example illustrates the effectiveness of the proposed control scheme.
Original languageEnglish
Pages (from-to)522-530
Number of pages9
JournalInternational Journal of Electrical Power and Energy Systems
Issue number9
Publication statusPublished - 2009


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