Dispatch, Pricing and Power Flows

Disclaimer Reasonable care has been taken to ensure that the information in this paper is up to date at the time of issue. Potential users of EMarket should, however, ensure that they evaluate EMarket and this paper through an appropriate evaluation process in consultation with Energy Link. The authors are also reliant on certain information external to EMarket and Energy Link, for which no liability or responsibility can be accepted.

Introduction

This technical bulletin is intended to provide users and interested parties with a detailed explanation of how EMarket’s IQP dispatch and pricing module functions, including the DC power flow calculations embedded within it.

Other Documents

This bulletin is one of a series of technical bulletins relating to Energy Link’s EMarket and EMarketOffer (EMO) models. Taken together, the bulletins replace the old EMarket User Guide. A full series of bulletins covers an overview of the EMarket model, the details of the four major New Zealand hydro systems modelled in EMarket, water values and hydro offers, power flows, dispatch and nodal pricing, short term river chain optimisation and company optimisation.