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Article: Toward a competitive market for reactive power

TitleToward a competitive market for reactive power
Authors
Zhong, JBhattacharya, K
KeywordsAncillary Services
Compromise Programming
Deregulation
Market Design
Market Power
Reactive Power
Issue Date2002
PublisherI E E E. The Journal's web site is located at http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=59
Citation
Ieee Transactions On Power Systems, 2002, v. 17 n. 4, p. 1206-1215 How to Cite?
DOI: http://dx.doi.org/10.1109/TPWRS.2002.805025
AbstractThis paper presents the design of a competitive market for reactive power ancillary services. Generator-reactive power-capability characteristics are used to analyze the reactive power costs and subsequently construct a bidding framework. The reactive power market is settled on uniform price auction, using a compromise programming approach based on a modified optimal power-flow model. The paper examines market power issues in these markets and identifies locations where strategic market power advantages that need to be removed through investments in reactive power devices are present.
Persistent Identifierhttp://hdl.handle.net/10722/155171
ISSN
0885-8950
2023 Impact Factor: 6.5
2023 SCImago Journal Rankings: 3.827
ISI Accession Number ID
WOS:000179985800038
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorZhong, Jen_US
dc.contributor.authorBhattacharya, Ken_US
dc.date.accessioned2012-08-08T08:32:10Z-
dc.date.available2012-08-08T08:32:10Z-
dc.date.issued2002en_US
dc.identifier.citationIeee Transactions On Power Systems, 2002, v. 17 n. 4, p. 1206-1215en_US
dc.identifier.issn0885-8950en_US
dc.identifier.urihttp://hdl.handle.net/10722/155171-
dc.description.abstractThis paper presents the design of a competitive market for reactive power ancillary services. Generator-reactive power-capability characteristics are used to analyze the reactive power costs and subsequently construct a bidding framework. The reactive power market is settled on uniform price auction, using a compromise programming approach based on a modified optimal power-flow model. The paper examines market power issues in these markets and identifies locations where strategic market power advantages that need to be removed through investments in reactive power devices are present.en_US
dc.languageengen_US
dc.publisherI E E E. The Journal's web site is located at http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=59en_US
dc.relation.ispartofIEEE Transactions on Power Systemsen_US
dc.subjectAncillary Servicesen_US
dc.subjectCompromise Programmingen_US
dc.subjectDeregulationen_US
dc.subjectMarket Designen_US
dc.subjectMarket Poweren_US
dc.subjectReactive Poweren_US
dc.titleToward a competitive market for reactive poweren_US
dc.typeArticleen_US
dc.identifier.emailZhong, J:jinzhong@hkucc.hku.hken_US
dc.identifier.authorityZhong, J=rp00212en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1109/TPWRS.2002.805025en_US
dc.identifier.scopuseid_2-s2.0-0036872886en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0036872886&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume17en_US
dc.identifier.issue4en_US
dc.identifier.spage1206en_US
dc.identifier.epage1215en_US
dc.identifier.isiWOS:000179985800038-
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridZhong, J=13905948700en_US
dc.identifier.scopusauthoridBhattacharya, K=7101600850en_US
dc.identifier.issnl0885-8950-

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