A proposal for investment recovery of TCSC based on electrical dissecting method

Author

Yi, Tang ; Ying-Jun, Wu ; Yang, Li

Author_Institution

Sch. of Electr. Eng., Southeast Univ., Nanjing, China

fYear

2009

Firstpage

1

Lastpage

6

Abstract

FACTS devices can be utilized to alleviate or reduce the electric network\´s congestion. Resonable and effective cost recovery mechanism is necessary for the utilization of FACTS. Based on the idea of "sharing the responsibility ", a new cost allocation method of FACTS devices is proposed in this paper, by which the cost of FACTS is allocated among all the trading participants according to their own responsibility factors for congestion. Electrical dissection method is used to analize who has caused the congestion and obtain their responsibility factors quantificationally. On the basis of responsibility factors the cost of FACTS devices is allocated. A modified IEEE 30-bus system was used to validate this paper\´s method and results illustrated it is resonable and effective.

Keywords

flexible AC transmission systems; power transmission control; power transmission economics; thyristor applications; FACTS device cost allocation method; IEEE 30-bus system; TCSC; cost recovery mechanism; electric network congestion; electrical dissecting method; Costs; Energy management; Flexible AC transmission systems; Investments; Load flow; Power capacitors; Power system management; Power transmission lines; Proposals; Thyristors; FACTS; congestion management; cost allocation method; electrical dissection;

fLanguage

English

Publisher

ieee

Conference_Titel

Power & Energy Society General Meeting, 2009. PES '09. IEEE

Conference_Location

Calgary, AB

ISSN

1944-9925

Print_ISBN

978-1-4244-4241-6

Type

conf

DOI

10.1109/PES.2009.5275877

Filename

5275877