Part II: PAR Flow Control Based on the Framework for Modeling and Tracing of Bilateral Transactions and Corresponding Loop Flows.

This paper defines flow control algorithms for loop flow cancellation based on the allocation and tracing of bilateral transactions and loop flows. In Part I of this paper, we have shown that the main difference between transportation and electrical networks is caused by the existence of loop flows. We have introduced a distributed framework for the modeling and tracing of bilateral transactions and the corresponding loop flows. Its zooming-out capability provides a valuable mechanism for representing external (inter-area) loop flows based on simplified topologies of individual areas. The tracing information accurately allocates bilateral transactions with associated contract paths to line flows and loop flows. Furthermore, this information can be used for determining the set points of control equipment so that loop flows are minimized. In this framework, phase angle regulators (PARs), commonly used for line flow control, are represented through their effects on loop flows. We define sufficient conditions for achieving complete loop flow cancellation. A new distributed algorithm for determining PAR set points in a coordinated way without revealing operating conditions of individual areas is introduced in this part. Finally, complete loop flow cancellation and the distributed algorithm for finding PAR set points are demonstrated in the Reliability Test System (RTS) 96-bus system with wheeling loop flows. [ABSTRACT FROM AUTHOR]