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• W3194833076 abstract "The present paper illustrates the use of principal component analysis (PCA) on the congestion component of local (i.e. zonal) electricity price data to detect the most salient congestion patterns in electricity transmission grids managed by either a Regional Transmission Organization (RTO) or an Independent System Operator (ISO). Outputs from the PCA along with some data visualization tools are shown to make the identification of such patterns seamless and straightforward. An empirical analysis is conducted for three North American power systems, namely NYISO, ISO New England and PJM. Finally, a simple time series model representing the evolution of PCA scores is proposed." @default.
• W3194833076 created "2021-08-30" @default.
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• W3194833076 date "2021-10-01" @default.
• W3194833076 modified "2023-10-17" @default.
• W3194833076 title "An analysis of electricity congestion price patterns in North America" @default.
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• W3194833076 doi "https://doi.org/10.1016/j.eneco.2021.105506" @default.
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