• DocumentCode
    1207311
  • Title

    Convexity of the set of feasible injections and revenue adequacy in FTR markets

  • Author

    Lesieutre, Bernard C. ; Hiskens, Ian A.

  • Author_Institution
    Lawrence Berkeley Nat. Lab., CA, USA
  • Volume
    20
  • Issue
    4
  • fYear
    2005
  • Firstpage
    1790
  • Lastpage
    1798
  • Abstract
    The feasible set of power injections for the constrained power flow equations is nonconvex when practical transmission capacity and bus voltage limits are imposed. The projection onto the space of active power injections may be "close" to convex, but this is not sufficient to guarantee revenue adequacy for the settlement of financial transmission rights.
  • Keywords
    load flow; optimisation; power system economics; FTR market; bus voltage limit; constrained power flow equation; convexity; financial transmission right; optimization method; power injection; power system economics; revenue adequacy; transmission capacity; Cost function; Electricity supply industry; Equations; Helium; Load flow; Load flow analysis; Optimization methods; Power system economics; Reactive power; Voltage; Convexity; financial transmission rights (FTRs); optimization methods; power flow analysis; power system economics;
  • fLanguage
    English
  • Journal_Title
    Power Systems, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0885-8950
  • Type

    jour

  • DOI
    10.1109/TPWRS.2005.857268
  • Filename
    1525108