Optimal allocation of FACTS devices for provision of voltage control ancillary services

In this paper, the effect of FACTS devices for provision of voltage control ancillary service and allocation of these devices for fair and equitable procurement of reactive power is considered. In the proposed real-time market, the participants submit their offer to system operator and the best comb...

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Bibliographic Details
Published in2010 7th International Conference on the European Energy Market pp. 1 - 5
Main Authors Peikherfeh, M, Abapour, M, Parsa Moghaddam, M, Namdari, A
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.06.2010
Subjects
Ancillary Services
Automatic voltage control
Deregulation
FACTS Devices
Optimal Power Flow (OPF)
Power capacitors
Procurement
Reactive Power Marginal Price (RPMP)
Reliability
Static VAr compensators
Thyristors
Voltage Control Ancillary Services (VCAS)
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Summary:In this paper, the effect of FACTS devices for provision of voltage control ancillary service and allocation of these devices for fair and equitable procurement of reactive power is considered. In the proposed real-time market, the participants submit their offer to system operator and the best combination of participants for procuring of required reactive power are selected. The IEEE 39-bus network is used to illustrate how the proposed method has efficient role in minimizing the cost of reactive power procurement and maximizing the social welfare and distance to voltage stability margins.
ISBN:1424468388
9781424468386
ISSN:2165-4077
DOI:10.1109/EEM.2010.5558750