Title :
Economic constrained transfer capability assessment
Author :
Goh, S.H. ; Xu, Z. ; Dong, Z.Y. ; Saha, T.K.
Author_Institution :
Sch. of Inf. Technol. & Electr. Eng., Queensland Univ., St. Lucia, Qld., Australia
Abstract :
Following the deregulation of electric power utilities around the globe, it has been widely acknowledged that quantifying power system transfer capability is of increasingly importance in today´s large-scale and interconnected power system operation and planning procedures. This paper introduces a novel framework to evaluate transfer capability incorporating electricity market dispatching considerations, which we termed it as economic constrained transfer capability (ETC) problem. A mathematical model of a multi-objective optimization (MOOP) approach is presented to solve this ETC problem. The proposed methodology has been tested on a classical 3-machine 9-bus system and the IEEE 30-bus system. Preliminary simulation results from several case studies are presented with relevant analyses and discussions.
Keywords :
load dispatching; optimisation; power markets; power system economics; power system interconnection; IEEE 30-bus system; economic constrained transfer capability assessment; electric power utilities deregulation; electricity market dispatching considerations; interconnected power system; large-scale power system; multiobjective optimization approach; power system planning; power system transfer capability; Dispatching; Electricity supply industry; Electricity supply industry deregulation; Large-scale systems; Mathematical model; Power generation economics; Power system economics; Power system interconnection; Power system modeling; Power system planning;
Conference_Titel :
Power Engineering Society General Meeting, 2005. IEEE
Print_ISBN :
0-7803-9157-8
DOI :
10.1109/PES.2005.1489143
