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Please design a power system with the following parameters: For a simple power system (e. 3-bus, 2-bus networks), definitely no more than 4-bus...

Please design a power system with the following parameters:

  • For a simple power system (e.g. 3-bus, 2-bus networks), definitely no more than 4-bus system.
  • Figure out a case that nodal prices could be negative even when all bids/MCs are positive
  • NO simulation
  • Calculate the prices by hand (using a SIMPLE system)
  • Explain why negative prices happen
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