Reactive Power Dispatch and its Pricing in Re-Structured Electricity Markets Using Voltage Stability Margin

V. Mahesh(1*), N. Kamaraj(2), J. R. Deepeeha(3)

(1) Thiagarajar College of Engineering, Madurai, Tamilnadu, India
(2) Thiagarajar College of Engineering, Madurai,Tamilnadu, India
(3) Thiagarajar College of Engineering, Madurai,Tamilnadu, India
(*) Corresponding author


DOI's assignment:
the author of the article can submit here a request for assignment of a DOI number to this resource!
Cost of the service: euros 10,00 (for a DOI)

Abstract


This paper proposes a novel method of reactive power management and pricing in the background of re-structured electricity market. Financial compensation for reactive power support provided by the generators is considered in this paper along with the consideration of voltage stability margin. Those generators which have re-scheduled its real power generation to provide more reactive power are eligible for payment. The system operator has to find the optimum re-scheduling and minimum payment using RGA and PSO. This procedure is illustrated using 6 bus system and IEEE 30 bus system. The results show that cost of reactive power is optimum for PSO when compared with RGA for the given conditions
Copyright © 2013 Praise Worthy Prize - All rights reserved.

Keywords


Capability Curve; Genetic Algorithm; ISO; Re-Schedule; Loss of Opportunity Cost

Full Text:

PDF


References


C.A.Canizares K.Bhattacharya I.El-Samahy H.Haghighat J.Pan C.Tang ‘Re-defining the Reactive Power Dispatch Problem in the context of Competitive Electricity Markets’, IET Generation, Transmission and Distribution, 2010, Volume 4, Issue. 2, pp. 162–177.

I.El-Samahy, K.Bhattacharya, C.A.Canizares, M.Anjos, J.Pan ‘A Procurement Market Model for Reactive Power Services considering System Security’, IEEE Transactions on Power System, 2008, 23, pp. 137–149.

I.El-Samahy, C.A.Canizares, K.Bhattacharya, J.Pan ‘An Optimal Reactive Power Dispatch Model for Deregulated Electricity Markets’, Proceedings in IEEE Power Engineering Society General Meeting, June 2007, pp. 1–7.

G.A.Vaidya, N.Gopalakrishnan, and Y.P.Nerkar ‘Cost Based Reactive Power Pricing Structure in Restructured Environment’ Power System Technology and IEEE Power India Conference, 2008. POWERCON 2008. Joint International Conference on , vol., no., pp.1,8, 12-15 Oct. 2008.

Archana Singh, P.K.Kalra, D.S.Chauhan ‘A Novel Procurement Market Model Approach of Reactive Power in Deregulated Electricity Market’ International Journal of Recent Trends in Engineering, volume 2, No.5, November 2009.

US-Canada Power System Outage Task Force: ‘Final Report on the August 14, 2003 Blackout in the United States and Canada: Causes and Recommendations’, April 2004

FERC Order No. 888: ‘Promotion of Wholesale Competition through Open Access non-Discriminatory Transmission Services by Public Utilities and Recovery of Stranded Costs by Public Utilities and Transmitting Utilities’, April 1996

El-Samahy, K.Bhattacharya, C.A.Canizares: ‘A Unified Framework for Reactive Power Management in Deregulated Electricity Markets’. Proc. IEEE-PES Power Systems Conference Exposition (PSCE), October 2006, pp. 901–907.

K. Bhattacharya, J. Zhong: ‘Reactive Power as an Ancillary Service’, IEEE Transactions on Power System, 2001, 16, pp. 294–300

J. Zhong, K. Bhattacharya.: ‘Toward a Competitive Market for Reactive Power’, IEEE Transactions on Power System, 2002, 17,pp. 1206–1215

A. Rabiee , H. Shayanfar , N. Amjady “Multiobjective clearing of reactive power market in deregulated power systems” Applied Energy 86 (2009) 1555–1564.

Kesineni Venkateswarlu, Ch. Sai Babu, Kiran Kumar Kuthadi “Improvement of Voltage Stability and Reduce Power Losses by Optimal Placement of UPFC device by using GA and PSO” International Journal of Engineering Sciences Research-IJESR, Vol 01, Issue 02, May, 2011.

Chettih, S., Khiat, M., Chaker, A., Means optimization of reactive power compensation using the particle swarm optimization PSO method: Application in the western Algerian transmission system, (2009) International Review of Electrical Engineering (IREE), 4 (4), pp. 622-626.

Laouafi, F., Boukadoum, A., Leulmi, S., Reactive power dispatch with hybrid formulation: Particle swarm optimization and improved genetic algorithms with real coding, (2010) International Review of Electrical Engineering (IREE), 5 (2), pp. 601-607.

Rahiel, D., Khiat, M., Chaker, A., Haimour, R., Reactive power optimization in transmission power system using interior point method, (2010) International Review of Electrical Engineering (IREE), 5 (2), pp. 614-618.

Sulaiman, M.H., Mustafa, M.W., Aliman, O., Abd Khalid, S.N., Shareef, H., Real and reactive power flow allocation in deregulated power system utilizing genetic-support vector machine technique, (2010) International Review of Electrical Engineering (IREE), 5 (5), pp. 2199-2208.

Niazy, I., Mortazavi, H., Ebadi, J., Sabzevari, S., Niazy, A., Participation in reactive power market considering generator aging, (2010) International Review of Electrical Engineering (IREE), 5 (5), pp. 2378-2384.

Allen J. Wood, Bruce F. Wollenburg ‘Power Generation Operation and Control’, 2012, John Wiley&sons.

Haadi Saadat ‘Power System Analysis’, 1999, McGraw-Hill companies.


Refbacks

  • There are currently no refbacks.



Please send any question about this web site to info@praiseworthyprize.com
Copyright © 2005-2022 Praise Worthy Prize