Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets

Modern utilities are forced to operate very close to their loadable limits (maximum capacity) due to geographical, economical and some technical reasons. The deregulation of the power industry, the competitive nature of modern electricity markets and the continuous quest for modernization of cities...

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Main Authors: Oludamilare Bode Adewuyi, Mikaeel Ahmadi, Isaiah Opeyemi Olaniyi, Tomonobu Senjyu, Temitayo Olayemi Olowu, Paras Mandal
Format: Article
Language:English
Published: MDPI AG 2019-11-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/22/4371
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author Oludamilare Bode Adewuyi
Mikaeel Ahmadi
Isaiah Opeyemi Olaniyi
Tomonobu Senjyu
Temitayo Olayemi Olowu
Paras Mandal
author_facet Oludamilare Bode Adewuyi
Mikaeel Ahmadi
Isaiah Opeyemi Olaniyi
Tomonobu Senjyu
Temitayo Olayemi Olowu
Paras Mandal
author_sort Oludamilare Bode Adewuyi
collection DOAJ
description Modern utilities are forced to operate very close to their loadable limits (maximum capacity) due to geographical, economical and some technical reasons. The deregulation of the power industry, the competitive nature of modern electricity markets and the continuous quest for modernization of cities and hamlets all over the world has also led to fast increase in the load demand. The stability of power systems all over the world are threatened with recurrent occurrences of voltage stability issues. Hence, Inter-zonal energy transactions between willing supplier and buyers need to be done with adequate consideration for power system security. In this work, a voltage security-constrained optimal generator active and reactive power rescheduling is carried out using the IEEE 30 and IEEE 57 bus systems. The simultaneous maximization of available transfer capacity (ATC) and voltage stability margin (VSM), using the weighted sum approach, is the objective function. Credible optimal power flow and power system security constraints are considered. Three variants of particle swarm optimization in MATLAB<sup>&#174;</sup> are used in this work for analyzing the results for objectivity. The technical and economic benefits of the optimal generator rescheduling on the system&#8217;s ATC, VSM, line losses, line flow and voltage profile are adequately analyzed.
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spelling doaj.art-a56656c459354785a240dac5c61fe6622022-12-22T02:21:18ZengMDPI AGEnergies1996-10732019-11-011222437110.3390/en12224371en12224371Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity MarketsOludamilare Bode Adewuyi0Mikaeel Ahmadi1Isaiah Opeyemi Olaniyi2Tomonobu Senjyu3Temitayo Olayemi Olowu4Paras Mandal5Graduate School of Science and Engineering, University of the Ryukyus, Okinawa 903-0213, JapanGraduate School of Science and Engineering, University of the Ryukyus, Okinawa 903-0213, JapanFaculty of Engineering, Ladoke Akintola University of Technology, PMB 4000, Ogbomoso 210214, NigeriaGraduate School of Science and Engineering, University of the Ryukyus, Okinawa 903-0213, JapanDepartment of Electronic and Electrical Engineering, Obafemi Awolowo University, Ile-Ife 220282, NigeriaDepartment of Electrical and Computer Engineering, University of Texas at El Paso, Texas, TX 79968, USAModern utilities are forced to operate very close to their loadable limits (maximum capacity) due to geographical, economical and some technical reasons. The deregulation of the power industry, the competitive nature of modern electricity markets and the continuous quest for modernization of cities and hamlets all over the world has also led to fast increase in the load demand. The stability of power systems all over the world are threatened with recurrent occurrences of voltage stability issues. Hence, Inter-zonal energy transactions between willing supplier and buyers need to be done with adequate consideration for power system security. In this work, a voltage security-constrained optimal generator active and reactive power rescheduling is carried out using the IEEE 30 and IEEE 57 bus systems. The simultaneous maximization of available transfer capacity (ATC) and voltage stability margin (VSM), using the weighted sum approach, is the objective function. Credible optimal power flow and power system security constraints are considered. Three variants of particle swarm optimization in MATLAB<sup>&#174;</sup> are used in this work for analyzing the results for objectivity. The technical and economic benefits of the optimal generator rescheduling on the system&#8217;s ATC, VSM, line losses, line flow and voltage profile are adequately analyzed.https://www.mdpi.com/1996-1073/12/22/4371deregulated electricity marketavailable transfer capacitycritical boundary indexvoltage security-constrained opfweighted sum algorithmparticle swarm optimization
spellingShingle Oludamilare Bode Adewuyi
Mikaeel Ahmadi
Isaiah Opeyemi Olaniyi
Tomonobu Senjyu
Temitayo Olayemi Olowu
Paras Mandal
Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets
Energies
deregulated electricity market
available transfer capacity
critical boundary index
voltage security-constrained opf
weighted sum algorithm
particle swarm optimization
title Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets
title_full Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets
title_fullStr Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets
title_full_unstemmed Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets
title_short Voltage Security-Constrained Optimal Generation Rescheduling for Available Transfer Capacity Enhancement in Deregulated Electricity Markets
title_sort voltage security constrained optimal generation rescheduling for available transfer capacity enhancement in deregulated electricity markets
topic deregulated electricity market
available transfer capacity
critical boundary index
voltage security-constrained opf
weighted sum algorithm
particle swarm optimization
url https://www.mdpi.com/1996-1073/12/22/4371
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