In this paper, a competitive bidding based congestion management strategy is developed for a pool type electricity market model. The proposed congestion management strategy alleviates the transmission congestion by using rescheduling both the real and reactive power output of generators. The separate bids for real and reactive powers are invited from all participating generators in the congestion market. Further, the multi-objective optimization frameworks are developed which minimizes two contradictory objective functions such as Total Cost of Congestion Management and Congestion Severity Index (CSI) subjected to various system constraints. The proposed strategy is tested for different congestion scenarios on 39-bus New England power system.
Multi-objective congestion management based on generator's real & reactive power rescheduling bids in competitive electricity markets
2017-07-01
511695 byte
Conference paper
Electronic Resource
English
A large generator's bids in an electricity supply auction: Uniform pricing versus pay-as-bid pricing
Online Contents | 2007
|Congestion Management Based on Real Power Rescheduling Using Moth Flame Optimization
Springer Verlag | 2020
|Optimal Rescheduling of Real Power to Mitigate Congestion Using Elephant Herd Optimization
Springer Verlag | 2021
|