Title :
Dynamic versus steady-state modeling of FACTS controllers in transmission congestion
Author :
Cañizares, Claudio A. ; Kodsi, Sameh K M
Author_Institution :
Dept. of Electr. Eng. & Comput. Eng., Waterloo Univ., Ont.
Abstract :
This paper discusses the effect on transmission congestion management and pricing of dynamic and steady-state models of FACTS controllers. The analysis is based on comparing system operating conditions and locational marginal prices obtained from stability-constrained auction models when dynamic and steady-state FACTS models are used. A novel stability-constrained OPF auction model, which allows for the inclusion of dynamic models of power systems elements, including FACTS controllers, and a better representation of system stability constraints, is described in some detail and applied to the IEEE 14-bus benchmark system with a SVC. The paper demonstrates the importance of considering the dynamic effects of FACTS controllers on transmission congestion management and pricing
Keywords :
flexible AC transmission systems; power system economics; power system management; power system stability; FACTS controllers; IEEE 14-bus benchmark system; locational marginal prices; stability-constrained auction models; system stability constraints; transmission congestion management; Control system analysis; Power system analysis computing; Power system dynamics; Power system management; Power system modeling; Power system stability; Pricing; Stability analysis; Static VAr compensators; Steady-state; FACTS; ancillary services; electricity markets; electricity pricing; modeling; transmission congestion;
Conference_Titel :
Power Engineering Society General Meeting, 2006. IEEE
Conference_Location :
Montreal, Que.
Print_ISBN :
1-4244-0493-2
DOI :
10.1109/PES.2006.1709135