Title :
The optimal power flow problem in the new utility environment
Author :
Latorre, M.L. ; Granville, S.
Author_Institution :
CEPEL, Brazil
Abstract :
In this paper, the authors extend the optimal power formulation to model market behavior in the AC network through the computation of Nash and Stakelberg type game equilibrium points based on generator and load benefit and cost functions. One of main objectives of such computation is to identify how transmission access agents can develop market power in electricity networks by taking advantage of the AC network laws and limitations
Keywords :
electricity supply industry; load flow control; optimal control; optimisation; power transmission control; transmission network calculations; AC network; cost functions; electric utility environment; game equilibrium points; generator benefit; load benefit; market behavior modelling; market power; optimal power flow problem; transmission access agents; Computer networks; Constraint optimization; Contracts; Cost function; Electricity supply industry; Instruments; Load flow; Optimization methods; Power generation; Power industry;
Conference_Titel :
Power Engineering Society Winter Meeting, 2000. IEEE
Print_ISBN :
0-7803-5935-6
DOI :
10.1109/PESW.2000.847605
