Title :
Enhanced congestion control based on Marginal Value Expansion
Author :
Ni, Hui ; Jin, Ming ; Marcino, Angelo N. ; Su, Qianli
Author_Institution :
PJM Interconnection, Valley Forge, PA, USA
Abstract :
In this paper, an enhanced congestion control scheme for market related applications is presented. Based on the concept of Marginal Value Expansion, violated transmission constraints can be handled more effectively in the optimization process. Compared to the traditional congestion control method, available resources in system can be utilized more sufficiently. The effectiveness of the new scheme has been approved by series of test cases.
Keywords :
optimisation; power markets; power system control; electricity market; enhanced congestion control scheme; marginal value expansion; optimization process; violated transmission constraints; Congestion control; Electricity market; Marginal Value Expansion; Mathematical optimization; Penalty factors;
Conference_Titel :
Power and Energy Society General Meeting, 2010 IEEE
Conference_Location :
Minneapolis, MN
Print_ISBN :
978-1-4244-6549-1
Electronic_ISBN :
1944-9925
DOI :
10.1109/PES.2010.5590053
