Optimal reactive power allocation and settlement in deregulated power market Online publication date: Thu, 02-Apr-2020
by K. Sarmila Har Beagam; R. Jayashree; M. Abdullah Khan
International Journal of Power and Energy Conversion (IJPEC), Vol. 11, No. 2, 2020
Abstract: This paper proposes a new optimal Q flow (OQF) method for market clearing and settlement of pure reactive power market to overcome the variability of loss price due to change in marginal bus. A lumped linear model is proposed for fast convergence. The power balance equality constraint and voltage inequality constraints are incorporated in the OQF method. In this method a unique reference for delivery/withdrawal point for reactive power called Market Center is proposed to share the total transmission loss equitably between the GENCO and DISCO participants in a transparent manner for pure Q Market using incremental loss factor method. The objective function is to minimize the cost of the reactive power payable to GENCOs with respect to market center. The compensation received by GENCO participants and Locational Marginal Price to be paid by DISCO participants are derived for a single sided auction market.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Power and Energy Conversion (IJPEC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook