Title :
Voltage regulation and energy consumption in electricity markets
Author :
Mielczarski, W. ; Michalik, G.
Author_Institution :
Dept. of Electr. & Comput. Syst. Eng., Monash Univ., Clayton, Vic., Australia
fDate :
31 Jan-4 Feb 1999
Abstract :
Voltage regulation has been employed for years to keep supply voltage within the limits determined by standards. In competitive electricity markets, voltage control can be used to adjust demand to varying prices and increase revenue of a supply company. The paper discusses effect of voltage regulation on electrical equipment and its energy consumption. The field tests carried out in three households, show high voltage levels resulting in large energy consumption. The paper addresses economic and legal aspects of voltage regulation in competitive electricity markets.
Keywords :
electricity supply industry; legislation; power consumption; power system control; power system economics; voltage control; competitive electricity markets; economic aspects; electrical equipment; electricity markets; energy consumption; field tests; high voltage levels; legal aspects; supply company revenue increase; varying prices; voltage control; voltage regulation; Australia; Contracts; Electricity supply industry; Energy consumption; Power generation; Power industry; Power markets; Senior members; Testing; Voltage control;
Conference_Titel :
Power Engineering Society 1999 Winter Meeting, IEEE
Print_ISBN :
0-7803-4893-1
DOI :
10.1109/PESW.1999.747282
