A New Framework for Reactive Power Market Considering Power System Security
This paper presents a new framework for the day-ahead reactive power market based on the uniform auction price. Voltage stability and security have been considered in the proposed framework. Total Payment Function (TPF) is suggested as the objective function of the Optimal Power Flow (OPF) used to c...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Iran University of Science and Technology
2009-09-01
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| Series: | Iranian Journal of Electrical and Electronic Engineering |
| Subjects: | |
| Online Access: | http://ijeee.iust.ac.ir/browse.php?a_code=A-10-3-95&slc_lang=en&sid=1 |
| _version_ | 1818350312142929920 |
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| author | A. Rabiee H. A. Shayanfar N. Amjady |
| author_facet | A. Rabiee H. A. Shayanfar N. Amjady |
| author_sort | A. Rabiee |
| collection | DOAJ |
| description | This paper presents a new framework for the day-ahead reactive power market based on the uniform auction price. Voltage stability and security have been considered in the proposed framework. Total Payment Function (TPF) is suggested as the objective function of the Optimal Power Flow (OPF) used to clear the reactive power market. Overload, voltage drop and voltage stability margin (VSM) are included in the constraints of the OPF. Another advantage of the proposed method is the exclusion of Lost Opportunity Cost (LOC) concerns from the reactive power market. The effectiveness of the proposed reactive power market is studied based on the CIGRÉ-32 bus test system. |
| first_indexed | 2024-12-13T18:19:50Z |
| format | Article |
| id | doaj.art-78a7fdc3ea38414381bf6eb4a98e481d |
| institution | Directory Open Access Journal |
| issn | 1735-2827 2383-3890 |
| language | English |
| last_indexed | 2024-12-13T18:19:50Z |
| publishDate | 2009-09-01 |
| publisher | Iran University of Science and Technology |
| record_format | Article |
| series | Iranian Journal of Electrical and Electronic Engineering |
| spelling | doaj.art-78a7fdc3ea38414381bf6eb4a98e481d2022-12-21T23:35:45ZengIran University of Science and TechnologyIranian Journal of Electrical and Electronic Engineering1735-28272383-38902009-09-0153196204A New Framework for Reactive Power Market Considering Power System SecurityA. Rabiee0H. A. Shayanfar1N. Amjady2 This paper presents a new framework for the day-ahead reactive power market based on the uniform auction price. Voltage stability and security have been considered in the proposed framework. Total Payment Function (TPF) is suggested as the objective function of the Optimal Power Flow (OPF) used to clear the reactive power market. Overload, voltage drop and voltage stability margin (VSM) are included in the constraints of the OPF. Another advantage of the proposed method is the exclusion of Lost Opportunity Cost (LOC) concerns from the reactive power market. The effectiveness of the proposed reactive power market is studied based on the CIGRÉ-32 bus test system.http://ijeee.iust.ac.ir/browse.php?a_code=A-10-3-95&slc_lang=en&sid=1Reactive power market Expected Payment Function (EPF) Total Payment Function (TPF) Lost Opportunity Cost (LOC). |
| spellingShingle | A. Rabiee H. A. Shayanfar N. Amjady A New Framework for Reactive Power Market Considering Power System Security Iranian Journal of Electrical and Electronic Engineering Reactive power market Expected Payment Function (EPF) Total Payment Function (TPF) Lost Opportunity Cost (LOC). |
| title | A New Framework for Reactive Power Market Considering Power System Security |
| title_full | A New Framework for Reactive Power Market Considering Power System Security |
| title_fullStr | A New Framework for Reactive Power Market Considering Power System Security |
| title_full_unstemmed | A New Framework for Reactive Power Market Considering Power System Security |
| title_short | A New Framework for Reactive Power Market Considering Power System Security |
| title_sort | new framework for reactive power market considering power system security |
| topic | Reactive power market Expected Payment Function (EPF) Total Payment Function (TPF) Lost Opportunity Cost (LOC). |
| url | http://ijeee.iust.ac.ir/browse.php?a_code=A-10-3-95&slc_lang=en&sid=1 |
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