The LMP are shadow prices (Lagrange multipliers) on the active nodal balance. Even if there is no load at a bus, its balance equation must still be fulfilled and it carries with it a multiplier in the lagrangian function.

Mounika Vanjarapu wrote:
I have a doubt regarding the LMPs in an IEEE-14 bus system.In 14 bus system there are no loads at 7th and 8th buses but there is LMP value which is equal at both buses. How it is possible.


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