Small test systems for power system economic studies

Author

Li, Fangxing ; Bo, Rui

Author_Institution

Dept. of Electr. Eng. & Comput. Sci. (EECS), Univ. of Tennessee, Knoxville, TN, USA

fYear

2010

fDate

25-29 July 2010

Firstpage

1

Lastpage

4

Abstract

This paper presents two small test systems for power system economic studies. The first system is based on the original PJM 5-bus system, which contains data related to real power only, because it demonstrates results based on the linearized DC optimal power flow (OPF) model. This paper suggests some modification to the original data, as well as new parameters related to reactive power such that AC-model-based simulation is possible. The second system is based on the original IEEE 30-bus system, which is an AC system, but it does not have economic data such as generation costs and transmission network limits. This paper suggests some reasonable values for generation costs and transmission limits. For both systems, economic studies based on LMP methodology are given for benchmark purposes.

Keywords

IEEE standards; power system economics; transmission networks; AC system; AC-model-based simulation; IEEE 30-bus system; LMP methodology; economic data; generation costs; linearized DC optimal power flow model; original PJM 5-bus system; power system economic studies; reactive power; small test systems; transmission network limits; ACOPF; DCOPF; LMP; Power market; energy market;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2010 IEEE

Conference_Location

Minneapolis, MN

ISSN

1944-9925

Print_ISBN

978-1-4244-6549-1

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PES.2010.5589973

Filename

5589973