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Evaluation of Reactive Power Support and Loss Allocation in a Pool Based Competitive Electricity Market

Moger, Tukaram and Dhadbanjan, Thukaram (2017) Evaluation of Reactive Power Support and Loss Allocation in a Pool Based Competitive Electricity Market. In: International Journal of Emerging Electric Power Systems, 18 (2). ISSN 2194-5756

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Official URL: https://doi.org/10.1515/ijeeps-2016-0201

Abstract

This paper presents a new approach using modified Y-bus matrix to compute the reactive power support and loss allocation in a pool based competitive electricity market. The inherent characteristic of the reactive power in system operation is properly addressed in the paper. A detailed case study on a 11-bus equivalent system is carried out to illustrate the effectiveness of the proposed approach. It is also tested on a large 259-bus equivalent system of Indian western region power grid. A comparison is also made with other existing approaches in the literature to highlight the features of the proposed approach. Simulation results show that the reactive power support and loss allocation from the proposed approach is carried out in a systematic manner which takes into consideration the power demand and the relative location of the nodes in the network.

Item Type: Journal Article
Publication: International Journal of Emerging Electric Power Systems
Publisher: Walter de Gruyter GmbH
Additional Information: The Copyright of this article belongs to the Walter de Gruyter GmbH.
Keywords: modified Y-bus matrix; power system deregulation; reactive power loss allocation; reactive power support allocation; Commerce; Electric industry; Electric load loss; Power markets; Reactive power; Competitive electricity markets; Equivalent system; Inherent characteristics; Power system deregulation; Reactive power loss; Reactive power support; Relative location; System operation; Electric power transmission networks
Department/Centre: Division of Electrical Sciences > Electrical Engineering
Date Deposited: 17 Jun 2022 11:20
Last Modified: 17 Jun 2022 11:20
URI: https://eprints.iisc.ac.in/id/eprint/73546

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