Practices of reactive power management and compensation

Author

Chen, Hong

Author_Institution

PJM Interconnection, Norristown, PA

fYear

2008

fDate

20-24 July 2008

Firstpage

1

Lastpage

4

Abstract

Reactive power management is essential for reliable power system operation, and also affects economic efficiency of real power dispatch. Proper compensation for providing reactive power and reactive power capability ensures an adequate, reliable and efficient supply of reactive power, and encourages sufficient investment on producing reactive power. This panel will review the reactive power management and compensation mechanism from ISOspsila role; and discuss current practices based on their impact on system operation and their economic incentives.

Keywords

compensation; power system economics; power system management; power system reliability; reactive power; economic efficiency; reactive power compensation; reactive power management; real power dispatch; reliable power system operation; Control systems; Energy management; Power generation; Power system economics; Power system interconnection; Power system management; Power system reliability; Reactive power; Reactive power control; Voltage control; Ancillary Service; Electricity Market; Locational Marginal Pricing (LMP); Reactive Power;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century, 2008 IEEE

Conference_Location

Pittsburgh, PA

ISSN

1932-5517

Print_ISBN

978-1-4244-1905-0

Electronic_ISBN

1932-5517

Type

conf

DOI

10.1109/PES.2008.4596588

Filename

4596588