Title :
Towards dynamic security-constrained congestion management in open power market
Author :
Singh, S.N. ; David, A.K.
Author_Institution :
Dept. of Electr. Eng., Hong Kong Polytech., Kowloon, China
fDate :
8/1/2000 12:00:00 AM
Abstract :
Security and reliability are major concerns in the deregulated and unbundled electricity supply industry due to the increased number of market participants and the changing demand patterns. This letter presents an approach and investigates the impact of incorporating dynamic security considerations in an open market environment. It is possible to reschedule the real power generation along with curtailment of real power loads/transactions to make the system dynamically secure after a fault. A conceptually plausible and computationally feasible approach for the solution of this problem has been developed for a system with a mix of pool and contract dispatches
Keywords :
electricity supply industry; power generation scheduling; power system reliability; power system security; deregulated electricity supply industry; dynamic security-constrained congestion management; open power market; real power generation rescheduling; real power loads/transactions curtailment; reliability; security; unbundled electricity supply industry; Energy management; Load management; Power generation; Power markets; Power system dynamics; Power system management; Power system security; Power system transients; Synchronous generators; System testing;
Journal_Title :
Power Engineering Review, IEEE
