DocumentCode
2717623
Title
A PSO-based SFE approach for congestion-constrained power market Equilibrium studies
Author
Ghiyasi, M.I. ; Khalkhali, H. ; Hosseinian, S.H. ; Rad, B. Farhangi
Author_Institution
Islamic Azad Univ. of Doroud, Doroud, Iran
fYear
2010
fDate
16-19 May 2010
Firstpage
281
Lastpage
284
Abstract
In this paper, PSO algorithm is used to reach Nash-Equilibrium in congestion-constrained power market through a two-level optimization process. Enhanced Supply Function Equilibrium (SFE) incorporating Generalized Generation Distribution Factors for higher accuracy, is the approach to determine the equilibrium point of the market. Since GGDF values vary with the line flows as well as generation and load quantities, this approach can yield more accurate results than those not considering the varying nature of GGDFs.
Keywords
Electricity supply industry; ISO; Load flow; Nash equilibrium; Optimization methods; Particle swarm optimization; Power generation; Power generation economics; Power markets; Uncertainty; Congestion Constraint; Generalized Generation Distribution Factors (GGDF); Nash Equilibrium Point; Particle Swarm Optimization (PSO); Supply Function Equilibrium (SFE);
fLanguage
English
Publisher
ieee
Conference_Titel
Environment and Electrical Engineering (EEEIC), 2010 9th International Conference on
Conference_Location
Prague, Czech Republic
Print_ISBN
978-1-4244-5370-2
Electronic_ISBN
978-1-4244-5371-9
Type
conf
DOI
10.1109/EEEIC.2010.5489993
Filename
5489993
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