Title :
Advanced real-time congestion management through both pool balancing market and bilateral market
Author :
Wang, Xing ; Song, Y.H.
Author_Institution :
Dept. of Electr. Eng. & Electron., Brunel Univ., Uxbridge, UK
Abstract :
A framework for real-time congestion management under a marker structure similar to the newly proposed UK trading arrangement is presented in this letter, in which not only resources in balancing market but also some bilateral contracts can be dispatched if necessary. The linearized model of a modified optimal power flow (OPF) is proposed to implement such a framework. A 5-bus test system is used to illustrate the effectiveness of the proposed method.
Keywords :
electricity supply industry; load flow; management; 5-bus test system; UK trading arrangement; bilateral power market; linearized model; modified optimal power flow; pool balancing power market; real-time congestion management; Consumer electronics; Contracts; Electricity supply industry; Engineering management; Environmental management; ISO; Load flow; Power system modeling; Resource management; System testing;
Journal_Title :
Power Engineering Review, IEEE
