Active/reactive market model based on adjustment bids and integrating capacitor banks and transformer taps

• Type: Article in International Conference Proceedings Book
• Date: 2008

Authors

Mário Helder Gomes (Author) FEUP; João Tomé Saraiva (Author) FEUP

Conference proceedings International

Title: 16th Power Systems Computation Conference, PSCC 2008

Pages: 1-7

16th Power Systems Computation Conference, PSCC 2008

Glasgow, Escócia, 14 - 18 de Julho

Indexing

Scopus - 0 Citations

INSPEC

Scientific classification

FOS: Engineering and technology > Other engineering and technologies

Other information

Authenticus ID: P-00G-QQ3

Abstract (EN): This paper describes a mathematical model and the developed solution algorithm to solve an integrated active/reactive dispatch while retaining competitive aspects. The main drive for this research was the recognition that the introduction of competitive mechanisms lead to a certain extent to a decoupling between active and reactive power scheduling. Aiming at remarrying them, the developed approach includes an initial bid based uniform price active power auction run by the Market Operator, followed by a technical validity analysis run by the System Operator. If necessary, the System Operator uses adjustment bids to recover the technical feasibility of the dispatch. These bids are presented both by the demand and by generators meaning that demand can play an important role in increasing the liquidity of this specific market. This approach also includes capacitor banks and transformer taps leading to a combinatorial problem solved using Simulated Annealing. Finally, the paper includes results from a case study based on the IEEE 24 Bus Test System to illustrate the interest of this type of approaches.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 7