Inspec keywords: power transmission economics; power markets; power generation dispatch; power distribution economics; integer programming

Other keywords: balancing services; operating reserves; energy market co-optimisation; power system frequency; uplift compensation cost; mixed-integer unit commitment problem; continuous economic dispatch problem; transmission operation; uplift payments compensation mechanism; market efficiency; lost opportunity compensation mechanism; distribution operation; reserve provision; ancillary services; deregulated environment; active power balancing; bilevel model; reserve market co-optimisation; reserve availability

Subjects: Distribution networks; Optimisation techniques; Power system management, operation and economics