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5. 3. 2 LMP MEC MCC MLC for Node X Assume MEC 20/MWh Shift Factor for Node X on Flowgate A is -5 MLC 0 MCC Shadow Price Shift Factor Commented RR145. 3. 4. 2 and 8. 3. 5. The LMP at any PNode is the sum of three components the marginal costs of Energy the MEC the marginal cost of losses the MLC and the marginal cost of congestion the MCC. LMP Components at PNode i are calculated based upon the following formula LMPi MEC MLCi MCCi Where MEC is the component of LMPi representing the marginal...
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