Power pools are formal groups of Utilities that exchange
electricity in order to reduce production costs. The purpose
of this paper is to present a framework which assesses the
impacts of different types of pooling arrangements on
production costs and emissions. The framework is based on a
set of economic dispatch models which simulate how different
types of pools approach short-term energy exchanges. The
models include constraints on emissions, system demand,
spinning reserve and unit output By varying the constraint set,
trade-offs between costs and emissions across different types
of pools can be quantified. To demonstrate the value of this
approach, an illustrative calculation is presented for an existing
pool.
