• DocumentCode
    3767851
  • Title

    Evaluation of nodal reliability and nodal prices for deregulated power system

  • Author

    Basanta Kumar Panigrahi;Ria Nandi;Jyoti Shukla

  • Author_Institution
    Department of Electrical Engineering, ITER, SOA University Bhubaneswar, India
  • fYear
    2015
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    Nodal reliability and Nodal Prices can be very useful for customers as well as to providers to accomplish optimal trading decisions in market trading and operation. A comprehensive method has been introduced in this paper to evaluate nodal reliability and nodal prices in deregulated electricity market. The problem is formulated using Optimal Power Flow (OPF). Generation rescheduling and proportional load shedding is used to release network from violations caused by each contingency states. A 6 bus Reliability Test System (RBTS) is used to illustrate the proposed technique.
  • Keywords
    "Power system reliability","Planning","Generators","Power markets","Reliability theory"
  • Publisher
    ieee
  • Conference_Titel
    Recent Advances in Engineering & Computational Sciences (RAECS), 2015 2nd International Conference on
  • Type

    conf

  • DOI
    10.1109/RAECS.2015.7453425
  • Filename
    7453425