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    Reactive Power Pricing Technique in A Competitive Market

    Abstract: For maintaining voltages of each bus within specific range, proper reactive power support is mandatory. Reactive power is considered as an ancillary service in the restructured electricity market, hence it is price based service and controlled by ISO. Here, a modified optimal power flow (OPF) optimization method is proposed over the bids received from Gencos and to maintain the system security and stability subject to the constraints imposed by different …

    Published in Trends in Electrical Engineering · Vol. 6, Issue 3, 2016 · pp. 89–100 Read article

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