Implementation of the flow-based (FBMC-EP) and available-transfer-capacity (ATCMC-EP) zonal electricity market clearing models with exact projection, as described in:
Aravena, Lété, Papavasiliou, Smeers (2021). Transmission Capacity Allocation in Zonal Electricity Markets. Operations Research 69(4):1240–1255. https://doi.org/10.1287/opre.2020.2082
Background Two market designs are implemented:
FBMC-EP (Section 2.2.2) — Determines the feasible set of zonal net positions by projecting the full nodal network constraints onto the zonal net position space. Requires no GSKs or base-case assumptions. ATCMC-EP (Section 2.2.3) — Computes available transfer capacities (ATCs) by finding the largest rectangle of cross-border exchange limits that fits within the exact feasible exchange domain. It solves an optimization problem that maximizes the volume of the ATC rectangle subject to all corner-point exchange configurations being feasible with respect to the real network constraints.
Reference If you use this code, please cite the paper above.