Transmission management for congested power system: A review of concepts, technical challenges and development of a new methodology
Muhammad Bachtiar Nappu,
Ardiaty Arief and
Ramesh C. Bansal
Renewable and Sustainable Energy Reviews, 2014, vol. 38, issue C, 572-580
Abstract:
Transmission networks have some constraints that should be addressed in order to ensure sufficient control to maintain the security level of a power system while maximising market efficiency. The most obvious drawback of transmission constraints is a congestion problem that becomes an obstacle to perfect competition among the market participants since it can influence spot market pricing. As the power flow violates transmission constraints, redispatching generating units is required and this will cause the price at every node to vary. This manuscript presents concepts, technical challenges and methodology for investigating an alternative solution to the redispatch mechanism and then formulates LMP scheme using an optimisation technique that may well control congestion as the main issue. The LMP scheme are varied and improved to take into account the energy price, congestion revenue, cost of losses, as well as the transmission usage tariff by utilising shift factor-based optimal power flow (SF-OPF), which is derived from the well-known DC optimal power flow (DC-OPF) model.
Keywords: Transmission congestion and management; Network losses; Economic dispatch; Optimal power flow; Shift factor; Electricity market; Locational marginal price (LMP) (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032114004237
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:38:y:2014:i:c:p:572-580
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic
DOI: 10.1016/j.rser.2014.05.089
Access Statistics for this article
Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski
More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().