1. Localized Reactive Power Markets Using the Concept of Voltage Control Areas.
- Author
-
Jin Zhong, Nobile, Emilia, Bose, Anjan, and Bhattacharya, Kankar
- Subjects
ALTERNATING currents ,ALTERNATING current circuits ,ALTERNATING current in electric power transmission ,VOLTAGE regulators ,ELECTRIC controllers ,INDUSTRIAL policy - Abstract
In this paper, we present the design ofa localized competitive market for reactive power ancillary services at the level of individual voltage-control areas. The concept of electrical distance has been used to identify the different voltage-control areas within a power system. The proposed reactive power market is settled on uniform price auction, using a modified optimal power-flow model. Uniform prices for various components of reactive power service are obtained for each voltage-control area. In the study cases described in the paper, we examine whether such a localized reactive power market is more desirable than a common system-wide reactive power market. [ABSTRACT FROM AUTHOR]
- Published
- 2004
- Full Text
- View/download PDF