Optimal Uniform Pricing for Multi-Interval Dispatch without Make-Whole Uplifts
In a network with ramp-limited generators and inaccurate net-demand forecasts, practical rolling-window dispatch can drive locational marginal prices (LMPs) below generators'bid-in offers. In such cases, out-of-market (OOM) settlements are used to compensate generators and maintain dispatch-following incentives, but OO...