A Contingency-Based Security-Constrained Optimal Power Flow Model For Revealing The Marginal Cost of a Blackout Risk-Equalizing Policy in the Colombian Electricity Market

Author

López-Lezama, J.M. ; Murillo-Sanchez, C.E. ; Zuluaga, L.J. ; Gutiérrez-Gómez, J.F.

fYear

2006

fDate

15-18 Aug. 2006

Firstpage

1

Lastpage

6

Abstract

This paper presents a new methodology to solve the dispatch problem in the Colombian electricity market. The proposed methodology is based on the use of coupled post-contingency optimal power flows with additional linear constraints to include reliability criteria. The main contribution of this paper is the solution of the Colombian dispatch problem in one stage, which provides actual nodal prices and reveals the marginal price of a blackout-risk equalizing policy in the Colombian electricity market

Keywords

fault diagnosis; load flow; power markets; power system security; reliability; Colombian dispatch problem; Colombian electricity market; blackout risk-equalizing policy; linear constraints; marginal cost; post-contingency optimal power flows; reliability criteria; security-constrained optimal power flow model; Computer networks; Cost function; Electricity supply industry; Equations; Gradient methods; Load flow; Power generation economics; Power system economics; Power system reliability; Security; Power system scheduling; power system reliability;

fLanguage

English

Publisher

ieee

Conference_Titel

Transmission & Distribution Conference and Exposition: Latin America, 2006. TDC '06. IEEE/PES

Conference_Location

Caracas

Print_ISBN

1-4244-0287-5

Electronic_ISBN

1-4244-0288-3

Type

conf

DOI

10.1109/TDCLA.2006.311477

Filename

4104708