Design of reactive power and reactive power reserve market

Khandani, Ali; Foroud, Asghar Akbari

doi:10.1049/iet-gtd.2016.0939

Cited by 9 publications

(4 citation statements)

References 19 publications

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“…The power network total costs are modified in Reference by providing a structure to define the reactive power compensation costs consists of an availability cost, cost of losses and opportunity cost of active power generation. The power network stability is improved with a joint reactive power and reserve market in the presence of methods to effectively use the full capacity of synchronous generators. The total profit and participation rate of microgrids are grown by price‐maker strategies and the robust scheduling transactions of a price‐taker microgrids aggregator presented in Reference while meeting uncertainties associated with renewable generation in the pool‐based day‐ahead electricity market.…”

Section: Introductionmentioning

confidence: 99%

Development of a multi‐objective framework for the separate active and reactive power market clearing with index‐based vision

Sahraie

Zakariazadeh

Gholami

2019

Int Trans Electr Energ Syst

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Summary In this paper, a new multi‐objective power market clearing framework with index‐based vision is proposed in order to flexibly cover various aspects of the power market, simultaneously. Separate clearing constraints and a weighting strategy are also implemented along with the proposed clearing framework aiming at considering the importance of the power market and network‐based indices. Also, a number of applicable indices are integrated into the objective functions. These indices which help with improving the quality of the power market clearing are to control on the market total cost, market profitability rate, discrimination among market players, dispersion in the net surplus and revenue among market players, players participation tendency in the power market, and the market power potential. Moreover, voltage stability constraints have been introduced to improve the proposed framework. The proposed framework is used to clear the separate reactive power market (SRPM) as a case study and is tested on 24‐bus IEEE reliability test system (RTS). The problem is solved by a non‐dominated sorting genetic algorithm (NSGA‐II). The results evidence that the proposed market clearing framework significantly improves the performance of the power market clearing.

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Section: Introductionmentioning

confidence: 99%

Development of a multi‐objective framework for the separate active and reactive power market clearing with index‐based vision

Sahraie

Zakariazadeh

Gholami

2019

Int Trans Electr Energ Syst

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“…The main objectives of advanced Q management studies in the transmission level are the prevention of voltage collapse and the improvement of voltage stability margins [3–7], the reduction of transmission losses [3, 8] and the development of concepts for reactive power markets [3, 4, 8]. Q management at the transmission–distribution (T–D) interface with the support of DG is a rather new research field, which is in Europe especially triggered by the further development of the regulatory framework by ENTSO‐E.…”

Section: Introductionmentioning

confidence: 99%

Reactive power management at the transmission–distribution interface with the support of distributed generators – a grid planning approach

Kraiczy

Wang

Schmidt

et al. 2018

IET Generation, Transmission & Distribution

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“…Based on the results, this method has very satisfied results in the different systems. The literature 25 for improving system stability propose a new combined reactive power and reactive power reserve market. This method encourages market providers to participate in both of the markets and also improve network stability.…”

Section: Introductionmentioning

confidence: 99%

Modification of the mandatory generation region of producers in the reactive power market by considering reactive power losses

Ahmadimanesh

Kalantar

2017

Energy & Environment

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In this paper, a new reactive power market structure is studied and presented. Active power flow by itself causes active and reactive losses. Considering such losses in the reactive power market without paying any costs is the main purpose of this paper. So, this study tries to improve reactive power market and create fair competition in reactive power generation through improving the market structure. For this aim, firstly a new allocation method for reactive power losses is presented, and contribution of each producer in reactive losses is calculated. In the next step, this share of losses is used for modification of the mandatory generation region of units and the new structure of reactive power market is proposed. Also, in this work, the cost payment function of synchronous generators is modified. In order to simulate and describe the proposed methods in the implementation of the reactive power market, IEEE 24 bus reliability test system is applied and the proposed methods are compared with each other and the conventional reactive power market structure. As will be shown, the total payment by ISO will be reduced by using the proposed methods.

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Design of reactive power and reactive power reserve market

Cited by 9 publications

References 19 publications

Development of a multi‐objective framework for the separate active and reactive power market clearing with index‐based vision

Development of a multi‐objective framework for the separate active and reactive power market clearing with index‐based vision

Reactive power management at the transmission–distribution interface with the support of distributed generators – a grid planning approach

Modification of the mandatory generation region of producers in the reactive power market by considering reactive power losses

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