February 4, 2005
All rights reserved to Shmuel Oren, UC Berkeley
PSERC
Locational Marginal Prices
Region
1
Region
2
0
0
p1
q1
p2
q2
D1
D2
S1
S2
$/MWH
$/MWH
q1*
q2*
p*
Export
Import
Power flow
Export = Import
P1
P2
With transmission constraint