Title :
A method for optimal placement of reactive sources & reactive power procurement in competitive electricity markets
Author :
Tyagi, Barjeev ; Srivastava, S.C.
Author_Institution :
Dept. of Electr. Eng., Indian Inst. of Technol., Kanpur
Abstract :
In this paper, an approach to select the optimal location and proper size of the reactive power sources has been proposed, based on technical as well as economic criteria. A loss sensitivity index (LSI) has been used to initially select a possible group of buses, where the reactive support is required. Then, an optimal reactive power dispatch (ORPD) algorithm has been developed to select the buses, from this group, based on the economic criteria. An ORPD algorithm has been proposed to procure the reactive power required by the system, at given load condition. The proposed scheme of reactive source placement and reactive power procurement has been tested on IEEE 14-bus and 75-bus Indian power systems
Keywords :
IEEE standards; losses; power generation dispatch; power generation economics; power markets; reactive power; sensitivity; Indian power system; bus selection; electricity market; loss sensitivity index; optimal IEEE 14-bus; reactive power dispatch algorithm; reactive source placement; Cost function; Electricity supply industry; Large scale integration; Power generation economics; Power markets; Power system economics; Power system reliability; Pricing; Procurement; Reactive power;
Conference_Titel :
Power India Conference, 2006 IEEE
Conference_Location :
New Delhi
Print_ISBN :
0-7803-9525-5
DOI :
10.1109/POWERI.2006.1632558
