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논문검색

Real and Reactive Power Nodal Pricing with Hydro Condenser in Pool Based Electricity Market Model

초록

영어

Reactive power procurement has been identified as an important ancillary service. The cost characteristics must be able to recover the lost opportunity cost component of generator reaching the field limits and causes the decrease in its active power when the reactive demand in the system increases. The Synchronous condensers supply reactive power to maintain the voltage and reduce the burden on the synchronous generators. In this paper, the cost characteristics of reactive power support by the generator are proposed based on its capability chart. A non-linear optimization problem formulation is proposed to compute both real and reactive power nodal prices for pool electricity market model with hydro condenser. The marginal prices at each node have been determined for both real and reactive power considering the minimization of fuel cost, reactive power cost, and cost of condenser. The cost characteristics of reactive power have been determined based on the existing methods and the proposed method. The comparison of the results obtained with existing method is also provided. The results have been determined for IEEE 24 bus test system.

목차

Abstract
 1. Introduction
 2. Capability Curves of Synchronous Generator
 3. Reactive Power Cost Model for Generator Reactive Power Support
  3.1. Method-1: Triangular Approach [22]
  3.2. Method-2: Real Power Based Approach [27]
  3.3. Method-3: Proposed Method
 4. Algorithmic Steps for Determination of Cost of Reactive Power
 5. Hydro Condenser Reactive Power Cost Analysis
  5.1. Cost Component for Hydro Condenser
  5.2. Cost of Water Lost (cw)
  5.3. Cost of Wear and Tear of Mechanical System (Ct)
  5.4. Cost of Energy Consumed in Condenser Mode (Ce)
 6. Mathematical Model to Obtain Real and Reactive Power Price
 7. Results and Discussions
 8. Conclusions
 References

저자정보

  • Rajender Kumar Department of Electrical engineering, NIT Kurukshetra, India
  • Ashwani Kumar Department of Electrical engineering, NIT Kurukshetra, India

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