Research and Development

The New Zealand Wholesale Electricity Market was established in 1996.

This document gives a retrospective view of the market over the last 10 years.

Lecture Papers and Visiting Talks
Optimisation and Energy Pricing [540kB]
Dispatch and Pricing Model with Network [193kB]
Market Power [498kB]
Multiple Security Constrained Model [462kB]

Research Papers	Presented/Abstract
Modelling of Wind Generation Fluctuations in a Dispatch Model [306kB]	By Dr Bhujanga Chakrabarti at the 2006 IEEE Power India conference, New Delhi, 13–15 April 2006
Impacts of Loop Flow on Electricity Market Design [285kB]	By Chin Y Choo, Nirmal-Kumar C Nair and Bhujanga Chakrabarti at the Conference on Power System Technology, Chongqing, China, 22–26 October 2006
Constraint Management in the New Market Systems [153kB]	By Dr Bhujanga Chakrabarti and Doug Goodwin. Provides a detailed discussion of the operations and functionality of SFT and development of thermal constraints using SPD and SFT. In addition to providing a mathematical description the paper discusses a range of issues that arise from the employment of SFT in the NZ Wholesale Market.
Power System Congestion - In Search of an Index from LP Basis Matrices [217kB]	By Dr Bhujanga B Chakrabarti, Doug Goodwin, Nirmal-Kumar C Nair. Analyzes the high nodal prices that occur typically during network congestions in electricity markets based on decomposition of the Basis matrix obtained from LP solution.
SPD-SFT Boundary Test Report May 2010 [2.7MB]	This report was prepared by Chris Callaghan, Bhujanga Chakrabarti, Vladimir Krichtal and Mahesh Mistry. The report looks at the interaction between the SFT and the SPD market applications.