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

Volume

20

Issue

8

fYear

2000

fDate

8/1/2000 12:00:00 AM

Firstpage

45

Lastpage

47

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;

fLanguage

English

Journal_Title

Power Engineering Review, IEEE

Publisher

ieee

ISSN

0272-1724

Type

jour

DOI

10.1109/39.857452

Filename

857452