Effective reactive compensation management: a win-win strategy!

Author

Horwill, C. ; Gemmell, B.D.

Author_Institution

Power Electron. Syst., ALSTOM T&D Ltd, Stafford, UK

Volume

1

fYear

2002

fDate

2002

Firstpage

509

Abstract

Power system planners just love their security and reliability standards, created years ago in the days of vertically integrated utilities. Today, however, the system planners are required to support a vibrant, competitive electricity market. They are now facing Government targets for renewable generation, larger independent generation projects, environmental pressures, merchant transmission projects and shareholder expectations, to name but a few. Furthermore, the planner´s work is now complicated by the formation of self-regulated Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) with exclusive authority for transmission systems. However, deregulation has created the potential for a win-win strategy for both the system planners and the Shareholders. This paper will now substantiate the win-win strategy.

Keywords

compensation; electricity supply industry; power system planning; reactive power; Government targets; Independent System Operators; Regional Transmission Organizations; competitive electricity market; deregulation; environmental pressures; independent generation projects; merchant transmission projects; reactive compensation management; reliability standards; renewable generation; security standards; vertically integrated utilities; win-win strategy; Electricity supply industry; Power electronics; Power generation; Power system management; Power system reliability; Power system security; Reactive power; Reactive power control; Static VAr compensators; Voltage;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering Society Winter Meeting, 2002. IEEE

Print_ISBN

0-7803-7322-7

Type

conf

DOI

10.1109/PESW.2002.985055

Filename

985055