Yes, the lambdas are the locational marginal prices. And the user-defined costs
and constraints are added to the standard OPF formulation (see Section 6.3 in
the User’s Manual
<http://www.pserc.cornell.edu/matpower/docs/MATPOWER-manual-5.1.pdf>), so it is
optimized together with the user costs added to the fuel costs.
Ray
> On Mar 25, 2016, at 11:07 AM, Saiful Arefin <[email protected]> wrote:
>
> Hello everyone,
>
> I am a bit confused about the lamda value that results from running an opf.
> Are these results the locational marginal prices for the buses?
>
> Can you also tell me when a user added function is optimized. Is it optimized
> alongside the fuel costs or are the processes two different optimizations?
>
> Thank you,
> Saiful Ratul
