Title :
Reactive issues - reactive power in restructured markets
Abstract :
This work focuses on the planning for and operation of reactive power resources in restructured electricity markets. It also presents the philosophy and the reasons behind this philosophy for better operation of reactive power resources.
Keywords :
power markets; power system economics; power system reliability; pricing; reactive power; electricity system; reactive power resource operation; reactive power resource planning; real power; restructured electricity markets; Capacitors; Costs; Electricity supply industry; Layout; Power generation; Production; Reactive power; Reactive power control; Standards development; Voltage;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPAE.2004.1358992