A Procurement Market Model For Reactive Power In The Electricity Sector
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A Procurement Market Model For Reactive Power In The Electricity Sector
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Author : Manoj Kumar Shukla
language : en
Publisher:
Release Date : 2013
A Procurement Market Model For Reactive Power In The Electricity Sector written by Manoj Kumar Shukla and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
This paper discusses various issues in reactive power management in deregulated electrical market. Reactive power procurement model is proposed which ensure secure and reliable operation of deregulated power system. A two-level framework for the operation of a competitive market for reactive power services is considered. It is argued that the first-level, i.e., reactive power procurement, be on a seasonal basis while the second level, i.e., reactive power dispatch, be close to real-time operation. This framework can be adopted for any type electricity market. It can be implemented in Indian restructuring electricity market in the near future.
Market Design For The Procurement Of Reactive Power
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Author : Anna Pechan
language : en
Publisher:
Release Date : 2023
Market Design For The Procurement Of Reactive Power written by Anna Pechan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
The market-based procurement of system services for network operators is gaining momentum in the current debate about the future market design in the energy sector. Since current sources of reactive power are primarily fossil-fuel power plants which will not be available in a carbon neutral energy system, reactive power will be sources from distributed assets in the electricity networks. The German regulator has proposed new rules for reactive power procurement, which are based on three pillars: The technical connection agreements, fully integrated network components owned by the network operators and market-based procurement. While this approach is primarily aiming at the reactive power demand on the transmission grid level, assets from the medium voltage grid can participate in this process as well. We evaluate this approach from an economic perspective and conclude that while such a three-pillar system can secure an effective provision of reactive power, the efficiency heavily depends on the regulatory system and that it provides the correct incentives for the network operator.
Secure Provision Of Reactive Power Ancillary Services In Competitive Electricity Markets
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Author : Ismael El-Samahy
language : en
Publisher:
Release Date : 2008
Secure Provision Of Reactive Power Ancillary Services In Competitive Electricity Markets written by Ismael El-Samahy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitve Electricity Market
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Author : Kun Yang
language : en
Publisher:
Release Date : 2010
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitve Electricity Market written by Kun Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
Market Operations In Electric Power Systems
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Author : Mohammad Shahidehpour
language : en
Publisher: John Wiley & Sons
Release Date : 2003-05-28
Market Operations In Electric Power Systems written by Mohammad Shahidehpour and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-28 with Technology & Engineering categories.
An essential overview of post-deregulation market operations inelectrical power systems Until recently the U.S. electricity industry was dominated byvertically integrated utilities. It is now evolving into adistributive and competitive market driven by market forces andincreased competition. With electricity amounting to a $200 billionper year market in the United States, the implications of thisrestructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components ofrestructuring? How is the new structure different from the oldmonopoly? How are the participants strategizing their options tomaximize their revenues? What are the market risks and how are theyevaluated? How are interchange transactions analyzed and approved?Starting with a background sketch of the industry, this hands-onreference provides insights into the new trends in power systemsoperation and control, and highlights advanced issues in thefield. Written for both technical and nontechnical professionals involvedin power engineering, finance, and marketing, this must-haveresource discusses: * Market structure and operation of electric power systems * Load and price forecasting and arbitrage * Price-based unit commitment and security constrained unitcommitment * Market power analysis and game theory applications * Ancillary services auction market design * Transmission pricing and congestion Using real-world case studies, this timely survey offers engineers,consultants, researchers, financial managers, university professorsand students, and other professionals in the industry acomprehensive review of electricity restructuring and how itsradical effects will shape the market.
Distribution Network Operation With High Penetration Of Renewable Energy Sources
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Author : Rana Hilmi Abduljabbar Zubo
language : en
Publisher:
Release Date : 2019
Distribution Network Operation With High Penetration Of Renewable Energy Sources written by Rana Hilmi Abduljabbar Zubo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
Efficient And Reliable Reactive Power Supply And Consumption Insights From An Integrated Program Of Engineering And Economicresearch
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Author :
language : en
Publisher:
Release Date : 2008
Efficient And Reliable Reactive Power Supply And Consumption Insights From An Integrated Program Of Engineering And Economicresearch written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
In 2005, the Federal Energy Regulatory Commission (FERC) began discussing regulatory policy for reactive-power procurement and pricing in competitive electricity markets. This paper summarizes findings from a unique, interdisciplinary program of public-interest research that lays a formal foundation for evaluating aspects of FERC staff recommendations and offers early insights that should be useful in guiding policy implementation, specifically by: (1) clarifying the consumers and economic characteristics of reactive power as a basis for creating incentives to appropriately price it, (2) defining specific challenges in creating a competitive market for reactive power as well as new tools needed to help ensure such a market functions efficiently, and (3) demonstrating the importance of accounting for the physical characteristics of the transmission network in planning for reactive power and avoiding the exercise of market power by suppliers.
Operation Of Restructured Power Systems
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Author : Kankar Bhattacharya
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Operation Of Restructured Power Systems written by Kankar Bhattacharya and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Technology & Engineering categories.
Deregulation is a fairly new paradigm in the electric power industry. And just as in the case of other industries where it has been introduced, the goal of deregulation is to enhance competition and bring consumers new choices and economic benefits. The process has, obviously, necessitated reformulation of established models of power system operation and control activities. Similarly, issues such as system reliability, control, security and power quality in this new environment have come in for scrutiny and debate. In this book, we attempt to present a comprehensive overview of the deregulation process that has developed till now, focussing on the operation aspects. As of now, restructured electricity markets have been established in various degrees and forms in many countries. This book comes at a time when the deregulation process is poised to undergo further rapid advancements. It is envisaged that the reader will benefit by way of an enhanced understanding of power system operations in the conventional vertically integrated environment vis-a-vis the deregulated environment. The book is aimed at a wide range of audience- electric utility personnel involved in scheduling, dispatch, grid operations and related activities, personnel involved in energy trading businesses and electricity markets, institutions involved in energy sector financing. Power engineers, energy economists, researchers in utilities and universities should find the treatment of mathematical models as well as emphasis on recent research work helpful.
Market Operation For Reactive Power Ancillary Service
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Author : Devika Jay
language : en
Publisher: Springer Nature
Release Date : 2024-01-03
Market Operation For Reactive Power Ancillary Service written by Devika Jay and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-03 with Technology & Engineering categories.
This book provides a framework suitable for the design and analysis of market mechanisms suitable for reactive power ancillary service. The book focuses on the formulation of market mechanisms capable of handling the localized nature of reactive power. The book presents tools and methodologies to design a suitable market structure capable of handling the technical challenges associated with the reactive power market like localized nature or reactive power, voltage support requirement, reactive power reserve requirement, and coupling between active reactive power markets. The book also presents techniques suitable for analyzing the market efficiency of different market mechanisms for reactive power ancillary service. The key topics discussed in this book include the relevance and challenges of reactive power ancillary service; the design of market mechanisms; network partitioning techniques to handle the localized nature of reactive power; and analysis of market mechanisms for market efficiency. This book is helpful for researchers and graduate students to know about recent advances in this area. Practitioners find the book helpful for understanding how technological advances can be put into practice and learning from case studies that bring out practical challenges.
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitive Electricy Market
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Author : Kun Yang
language : en
Publisher:
Release Date : 2010
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitive Electricy Market written by Kun Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.