Locational Marginal Pricing of Reactive Power in Real Time Market Considering Voltage Support Requirement

2019 ◽  
Author(s):  
Devika Jay ◽  
K.S Swarup
Keyword(s):  
Real Time ◽  
Reactive Power ◽  
Locational Marginal Pricing ◽  
Marginal Pricing ◽  
Voltage Support

scholarly journals Three-Phase Distribution Locational Marginal Pricing to Manage Unbalanced Variable Renewable Energy

2020 ◽  
Author(s):  
Lawryn Edmonds ◽  
M. Nazif Faqiry ◽  
Hongyu Wu ◽  
Ananth Palani
Keyword(s):  
Renewable Energy ◽  
Case Studies ◽  
Reactive Power ◽  
Phase Distribution ◽  
Phase Component ◽  
Locational Marginal Pricing ◽  
Marginal Pricing ◽  
Three Phase ◽  
Economic Price ◽  
Pricing Schemes

This paper investigates three-phase, component-wise real and reactive distribution locational marginal pricing (DLMP). Through the use of case studies, mixtures of positive and negative, as well as real and reactive, DLMP components are explored in detail. A modified three-phase unbalanced 69-node PG&E system is used to demonstrate the validity of the three-phase real and reactive DLMP model. Results emphasize the importance of three-phase pricing schemes and reactive power pricing. The results also indicate the DLMP mechanism can potentially assist in balancing power across phases. DLMP can serve as an economic price signal to efficiently operate the system while minimizing losses, voltage violations, congestion, and imbalances across all phases.

scholarly journals Distribution Locational Marginal Pricing (DLMP) for Congestion Management and Voltage Support

2018 ◽  
Vol 33 (4) ◽  
pp. 4061-4073 ◽  
Author(s):  
Linquan Bai ◽  
Jianhui Wang ◽  
Chengshan Wang ◽  
Chen Chen ◽  
Fangxing Li
Keyword(s):  
Congestion Management ◽  
Locational Marginal Pricing ◽  
Marginal Pricing ◽  
Voltage Support

scholarly journals Three-Phase Distribution Locational Marginal Pricing to Manage Unbalanced Variable Renewable Energy

2020 ◽  
Author(s):  
Lawryn Edmonds ◽  
M. Nazif Faqiry ◽  
Hongyu Wu ◽  
Ananth Palani
Keyword(s):  
Renewable Energy ◽  
Case Studies ◽  
Reactive Power ◽  
Phase Distribution ◽  
Phase Component ◽  
Locational Marginal Pricing ◽  
Marginal Pricing ◽  
Three Phase ◽  
Economic Price ◽  
Pricing Schemes

This paper investigates three-phase, component-wise real and reactive distribution locational marginal pricing (DLMP). Through the use of case studies, mixtures of positive and negative, as well as real and reactive, DLMP components are explored in detail. A modified three-phase unbalanced 69-node PG&E system is used to demonstrate the validity of the three-phase real and reactive DLMP model. Results emphasize the importance of three-phase pricing schemes and reactive power pricing. The results also indicate the DLMP mechanism can potentially assist in balancing power across phases. DLMP can serve as an economic price signal to efficiently operate the system while minimizing losses, voltage violations, congestion, and imbalances across all phases.

scholarly journals Placement and Penetration of Distributed Generation under Standard Market Design

2004 ◽  
Vol 1 (1) ◽  
Author(s):  
A. P. Agalgaonkar ◽  
S. V. Kulkarni ◽  
S. A. Khaparde ◽  
S. A. Soman
Keyword(s):  
Distributed Generation ◽  
Market Design ◽  
Market Model ◽  
Power Markets ◽  
Network Congestion ◽  
Cost Of Electricity ◽  
Locational Marginal Pricing ◽  
Marginal Pricing ◽  
The Cost ◽  
Voltage Support

Distributed Generation (DG) can help in reducing the cost of electricity to the costumer, relieve network congestion and provide environmentally friendly energy close to load centers. Its capacity is also scalable and it provides voltage support at distribution level. Hence, DG placement and penetration level is an important problem for both the utility and DG owner. The cost of electricity as a commodity depends upon market model. The restructured power markets are slowly maturing with standardizations like Standard Market Design (SMD). The key feature of SMD is the Locational Marginal Pricing (LMP) scheme. This paper examines placement and penetration level of the DGs under the SMD framework. The proposed approach is illustrated by case studies on MATPOWER 30 bus and IEEE 118 bus systems.

scholarly journals A Novel Adaptive Control Approach Based on Available Headroom of the VSC-HVDC for Enhancement of the AC Voltage Stability

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3222
Author(s):  
Duc Nguyen Huu
Keyword(s):  
Adaptive Control ◽  
Voltage Stability ◽  
Reactive Power ◽  
Control Method ◽  
Offshore Wind ◽  
Voltage Source ◽  
Long Distance ◽  
Control Approach ◽  
Hvdc System ◽  
Voltage Support

Increasing offshore wind farms are rapidly installed and planned. However, this will pose a bottle neck challenge for long-distance transmission as well as inherent variation of their generating power outputs to the existing AC grid. VSC-HVDC links could be an effective and flexible method for this issue. With the growing use of voltage source converter high-voltage direct current (VSC-HVDC) technology, the hybrid VSC-HVDC and AC system will be a next-generation transmission network. This paper analyzes the contribution of the multi VSC-HVDC system on the AC voltage stability of the hybrid system. A key contribution of this research is proposing a novel adaptive control approach of the VSC-HVDC as a so-called dynamic reactive power booster to enhance the voltage stability of the AC system. The core idea is that the novel control system is automatically providing a reactive current based on dynamic frequency of the AC system to maximal AC voltage support. Based on the analysis, an adaptive control method applied to the multi VSC-HVDC system is proposed to realize maximum capacity of VSC for reactive power according to the change of the system frequency during severe faults of the AC grid. A representative hybrid AC-DC network based on Germany is developed. Detailed modeling of the hybrid AC-DC network and its proposed control is derived in PSCAD software. PSCAD simulation results and analysis verify the effective performance of this novel adaptive control of VSC-HVDC for voltage support. Thanks to this control scheme, the hybrid AC-DC network can avoid circumstances that lead to voltage instability.

Sign in / Sign up

Export Citation Format

Share Document