Download or read book The Optimal Division of the Energy Market Into Zones written by Karol Wawrzyniak and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We compare two competing methodologies of market zones identification under the criterion of social welfare maximization: (i) consensus clustering of Locational Marginal Prices over different wind scenarios and (ii) congestion contribution identification with congested lines identified across variable wind generation outputs. We test the division of market into zones based on each of the two methodologies using a welfare criterion, i.e., comparing the cost of supplying energy on uniform market (including readjustments made on a balancing market to overcome the congestion) with cost on k-zone market. A division which maximizes the welfare is considered as the optimum.