A scheduling method of hybrid power market taking into account reactive power

Author

Li, X. ; Yamashiro, S.

Author_Institution

Dept. of Electr. & Electron. Eng., Kitami Inst. of Technol., Japan

Volume

2

fYear

2004

fDate

21-24 Nov. 2004

Firstpage

1163

Abstract

Electric power deregulation is a restructuring of rules and in the reconstructed power industry, we can expect a form of power supply from both bilateral contract and spot market. This paper presents a daily operation scheduling method taking into account reactive power in the pool and bilateral transactions mixed power market, where the bilateral contract power level for a daily operation is given as a premise for scheduling. Using the proposed method, we discuss how the bilateral contract power level influences on the pool operation and economic efficiency of the system operation.

Keywords

power generation scheduling; power markets; reactive power; transmission networks; bilateral contract; daily operation scheduling method; economic efficiency; electric power deregulation; generation portfolios; hybrid power market; power industry restructuring; reactive power; transmission loss allocation; unit commitment; Contracts; Costs; Job shop scheduling; Power generation; Power generation economics; Power markets; Power supplies; Power system economics; Propagation losses; Reactive power;

fLanguage

English

Publisher

ieee

Conference_Titel

Power System Technology, 2004. PowerCon 2004. 2004 International Conference on

Print_ISBN

0-7803-8610-8

Type

conf

DOI

10.1109/ICPST.2004.1460177

Filename

1460177