Title :
Optimal power flow formulation in market of retail wheeling
Author :
Yong, Taiyou ; Lasseter, Robert
Author_Institution :
Dept. of Electr. & Comput. Eng., Wisconsin Univ., Madison, WI, USA
fDate :
31 Jan-4 Feb 1999
Abstract :
Power system deregulation along with retail wheeling was proposed in legislation for the future power system operation. Retail wheeling implies customers have more choices. One important option is the power supplier providing cheaper power. In this paper, the authors introduce new concepts of generation sets and load sets to model the behavior of power supply and load distribution in the new retail wheeling market. Formation of the optimal power flow (OPF) problem, in which public interests are maximized, is demonstrated. The IEEE-14 bus system is used as an example
Keywords :
electricity supply industry; legislation; load distribution; load flow; optimal control; power system analysis computing; power system economics; IEEE-14 bus system; computer simulation; generation sets; legislation; load distribution; load sets; optimal power flow formulation; power supply; power system deregulation; retail wheeling market; Electricity supply industry deregulation; Load flow; Nuclear power generation; Power generation; Power markets; Power supplies; Power system analysis computing; Power system modeling; Power system planning; Power systems;
Conference_Titel :
Power Engineering Society 1999 Winter Meeting, IEEE
Conference_Location :
New York, NY
Print_ISBN :
0-7803-4893-1
DOI :
10.1109/PESW.1999.747487
