Title :
Sustainable Generation Portfolio
Author :
Balser, David A.
fDate :
5/1/2002 12:00:00 AM
Abstract :
The concept of congestion management is extended to include dynamic effects. Based on a hybrid market structure, a new framework is proposed to eliminate congestion when system stability is threatened. It is shown that by fully utilizing the available resources, system stability as well as the transactions in the bilateral and balancing markets can be secured after a stability contingency, while the total dynamic congestion management cost is minimized.
Keywords :
electricity supply industry; power system security; power system stability; balancing markets; bilateral markets; dynamic effects; hybrid market structure; market-based dynamic congestion management; postfault power system; power system stability; stability contingency; total dynamic congestion management cost; Contingency management; Costs; Energy management; Hybrid power systems; ISO; Power markets; Power system dynamics; Power system management; Power system stability; Power system transients;
Journal_Title :
Power Engineering Review, IEEE
