Title :
Market oriented reactive power expansion planning
Author :
Esmali Falak, Mohammad ; Oloomi Buygi, Majid
Author_Institution :
Shahrood Univ. of Technol., Shahrood
Abstract :
This paper presents a method for market oriented reactive power expansion. In this method first ISO proposes some locations for reactive power expansion based on system requirements and operatorpsilas experiences. The investors determine the optimal locations for reactive power expansion by computing annual expansion profit of different candidates. Finally, the presented method is applied to 8-bus PJM power system to determine optimal amount and location for reactive power expansion.
Keywords :
power markets; power system economics; power system planning; profitability; reactive power; 8-bus PJM power system; ISO; annual expansion profit; market oriented reactive power expansion planning; optimal locations; Capacitors; ISO; Investments; Load flow; Power system modeling; Power system planning; Power systems; Reactive power; Technology planning; Uncertainty; Reactive power expansion; Reactive power expansion scheduling; kernel-smoothing method; optimal power flow;
Conference_Titel :
Electricity Market, 2008. EEM 2008. 5th International Conference on European
Conference_Location :
Lisboa
Print_ISBN :
978-1-4244-1743-8
Electronic_ISBN :
978-1-4244-1744-5
DOI :
10.1109/EEM.2008.4579104
