DocumentCode
3091620
Title
Optimal power flow in a market
Author
Illian, H.F.
Author_Institution
Energy Mark Inc., Schamburg, IL, USA
Volume
2
fYear
1999
fDate
1999
Firstpage
1066
Abstract
The value of optimal power flow (OPF) as used in a vertically integrated electric utility (VIU) is reviewed and contrasted with the business needs of the new market or partial market based electric energy businesses. The OPF optimization methods are compared to market optimization methods as the business problem changes in the market environment. The advantages and disadvantages of using OPF are reviewed. Finally, some conclusions are drawn with respect to where the effort should be directed to continue the future development of the OPF tool to maximize its value in the future
Keywords
electricity supply industry; load flow control; optimal control; optimisation; power system control; electric energy businesses; optimal power flow; optimization methods; vertically integrated electric utility; Cost function; Decision making; Load flow; Load flow analysis; Optimization methods; Power system reliability; Power system security; Software tools; USA Councils; Voltage;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Engineering Society Summer Meeting, 1999. IEEE
Conference_Location
Edmonton, Alta.
Print_ISBN
0-7803-5569-5
Type
conf
DOI
10.1109/PESS.1999.787465
Filename
787465
Link To Document