Title :
Reactive power management and pricing in the California market
Author :
Papalexopoulos, Alex D. ; Angelidis, George A.
Author_Institution :
ECCO Int. Inc., San Francisco, CA
Abstract :
This paper presents the characteristics of reactive power and voltage support and proposes two generic methods for pricing reactive power. The first is a capacity based method and the second is based on actual reactive power production. A combination of both is also presented in the paper as a possible alternative. The framework for reactive power management and pricing along with the specific market rules for the California market is further presented in detail
Keywords :
power markets; power system economics; power system management; pricing; reactive power; California market; capacity based method; reactive power management; reactive power pricing; reactive power production; voltage support; Costs; Energy management; Maintenance; Power generation; Power supplies; Power system reliability; Pricing; Reactive power; Reactive power control; Voltage; Ancillary Services; Electric Industry Restructuring; Pricing; Reactive Power; Voltage Support;
Conference_Titel :
Electrotechnical Conference, 2006. MELECON 2006. IEEE Mediterranean
Conference_Location :
Malaga
Print_ISBN :
1-4244-0087-2
DOI :
10.1109/MELCON.2006.1653244
