Title
Reactive power pricing in deregulated electrical markets using a methodology based on the theory of marginal costs
Date Issued
01 January 2001
Access level
metadata only access
Resource Type
conference paper
Author(s)
Paucar V.L.
Rider M.J.
Publisher(s)
Institute of Electrical and Electronics Engineers Inc.
Abstract
In this paper, a flexible formulation about the pricing of active and reactive power is presented. This proposal is developed using a decoupled formulation identifying the active and reactive subproblems. A model for the price calculation of the reactive power which is intended to incentive the participation of agents of the electricity markets is analyzed. An optimal power flow (OPF) to solve the reactive power subproblem which considers the production costs of the reactive power and the active losses minimization in the objective function, has been implemented. In order to solve the OPF and consequently obtaining the active and reactive power marginal cost prices has been adopted a nonlinear programming methodology. Tests using a 9-bus system for several load conditions show the validity of the methodology.
Start page
7
End page
11
Language
English
OCDE Knowledge area
Ingeniería relacionada con la energía nuclear
Ingeniería eléctrica, Ingeniería electrónica
Subjects
Scopus EID
2-s2.0-6344253648
Source
LESCOPE 2001 - 2001 Large Engineering Systems Conference on Power Engineering: Powering Beyond 2001, Conference Proceedings
ISBN of the container
0780371070, 978-078037107-1
Conference
LESCOPE 2001 - 2001 Large Engineering Systems Conference on Power Engineering: Powering Beyond 2001, Conference Proceedings
Sponsor(s)
The authors thank the Brazilian institutions CAPES and CNPq for their support.
Sources of information:
Directorio de Producción Científica
Scopus