Abstract

This paper introduces a novel method for multiregional market-to-market (M2M) coordinated congestion management. It identifies shortcomings in existing M2M approaches, where Regional Transmission Organizations (RTOs) exchange shadow prices and relief requests to optimize congestion relief allocations across interconnected regions. Two methods are proposed to enhance flow and price convergence. The first method proposes that both Regional Transmission Organizations (RTOs) use state-estimator flows directly to determine relief requirements, eliminating delays and potential oscillations caused by using market flows calculated from the prior period under existing M2M approach. The second method involves exchanging transmission relief cost curves, enabling each RTOs to integrate other RTOs' relief costs curve into its real-time security-constrained economic dispatch (SCED). This method can effectively extend the coordination to multiple transmission lines and across more than two RTOs. The alternating direction method of multipliers (ADMM) is also applied to the M2M coordination problem and compared with the proposed methods. Case studies on small and large-scale systems demonstrate the effectiveness of these approaches.

Department(s)

Electrical and Computer Engineering

Publication Status

Early Access

Keywords and Phrases

Congestion Management; Interregional Coordination; Relief; Security Constrained Economic Dispatch

International Standard Serial Number (ISSN)

2771-9626

Document Type

Article - Journal

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2026 Institute of Electrical and Electronics Engineers, All rights reserved.

Publication Date

01 Jan 2026

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