Title
Reactive power market management considering voltage control area reserve and system security
Document Type
Article
Publication Date
1-1-2011
Abstract
This paper presents a new algorithm to optimize reactive power procurement through commercial transactions considering system voltage security. The proposed algorithm minimizes reactive power provision and transmission loss costs in addition to maximizing system voltage security margin through a multiobjective function. In order to maintain the voltage profile of power system during sever contingencies or due to load uncertainty, all voltage control areas (VCA) of the system are detected and then optimal reactive power reserve is provided for each VCA during the market settlement. A four-stage multiobjective mathematical programming method is proposed to settle the reactive power market. The proposed algorithm has been applied on IEEE-RTS test system. The simulation results show the effectiveness of the proposed algorithm for reactive power market management. © 2011 Elsevier Ltd.
Publication Source (Journal or Book title)
Applied Energy
First Page
3832
Last Page
3840
Recommended Citation
Kargarian, A., Raoofat, M., & Mohammadi, M. (2011). Reactive power market management considering voltage control area reserve and system security. Applied Energy, 88 (11), 3832-3840. https://doi.org/10.1016/j.apenergy.2011.04.024