A Unified Framework for Reactive Power Management in Deregulated Electricity Markets

Author

El-Samahy, I. ; Bhattacharya ; Canizares, Claudio A.

Author_Institution

Dept. of Electr. & Comput. Eng., Waterloo Univ., Ont.

fYear

2006

fDate

Oct. 29 2006-Nov. 1 2006

Firstpage

901

Lastpage

907

Abstract

This paper discusses various complex issues associated with reactive power management and pricing in the context of the new operating paradigms in deregulated power systems, proposing some policy solutions. Thus, a unified framework for reactive power management that is appropriate for a competitive market, and that ensures a secure and reliable operation of the associated power system is proposed. The framework is generic in nature and can be adopted for any electricity market structure

Keywords

power markets; power system economics; power system management; power system reliability; power system security; pricing; reactive power; deregulated electricity market; power system reliable operation; power system security; pricing; reactive power management; Costs; Electricity supply industry; Electricity supply industry deregulation; Energy management; ISO; Power generation; Power system management; Power system reliability; Reactive power; Reactive power control;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Systems Conference and Exposition, 2006. PSCE '06. 2006 IEEE PES

Conference_Location

Atlanta, GA

Print_ISBN

1-4244-0177-1

Electronic_ISBN

1-4244-0178-X

Type

conf

DOI

10.1109/PSCE.2006.296434

Filename

4075873