Point-to-Point FTR Obligations Auction Based on AC-OPF by Interior Point Methods

Author

Hua, Ke ; Xie, Kai ; Guo, Zhizhong

Author_Institution

Dept. of Electr. Eng., Harbin Inst. of Technol.

fYear

2006

fDate

15-18 Aug. 2006

Firstpage

1

Lastpage

4

Abstract

An algorithm based on non-linear interior point methods is developed for the point-to-point FTR obligations auction problem in the case of the full AC network model. The bid quantities for FTR auction are introduced into the model as controllable variables and then a new augmented Hessian matrix is formed. Except for adding the dual and slack variables corresponding to FTR to the diagonal, the modifications are limited to the diagonal entries of the existing augmented Hessian matrix. The numerical examples of the systems with sizes from 5 to 118 buses are employed to demonstrate the efficiency of the proposed methods

Keywords

Hessian matrices; power transmission economics; AC network model; AC-OPF; augmented Hessian matrix; nonlinear interior point methods; point-to-point FTR obligations auction; Active matrix technology; Admittance; Differential equations; Jacobian matrices; Lagrangian functions; Linear matrix inequalities; Load flow; Power generation; Reactive power; Voltage; optimal power flow; point-to-point financial transmission right; primal-dual interior point methods;

fLanguage

English

Publisher

ieee

Conference_Titel

Transmission & Distribution Conference and Exposition: Latin America, 2006. TDC '06. IEEE/PES

Conference_Location

Caracas

Print_ISBN

1-4244-0287-5

Electronic_ISBN

1-4244-0288-3

Type

conf

DOI

10.1109/TDCLA.2006.311609

Filename

4104540