Real-time pricing of reactive power: theory and case study results
An analysis is made of real-time pricing policies of reactive power using a modification of the OPF (optimal power flow) model. The theory of real-time pricing of reactive power is presented, followed by a case study illustrating the magnitudes and ranges that real-time prices of reactive power migh...
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| Veröffentlicht in: | IEEE transactions on power systems 1991-02, Vol.6 (1), p.23-29 |
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| container_end_page | 29 |
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| container_title | IEEE transactions on power systems |
| container_volume | 6 |
| creator | Baughman, M.L. Siddiqi, S.N. |
| description | An analysis is made of real-time pricing policies of reactive power using a modification of the OPF (optimal power flow) model. The theory of real-time pricing of reactive power is presented, followed by a case study illustrating the magnitudes and ranges that real-time prices of reactive power might take on under different circumstances. The efficiency implications of real-time pricing of reactive power are compared with traditional power factor penalties. It is concluded that real-time pricing of reactive power should develop simultaneously with that of active power for maximum economic efficiency and smooth operation of the electricity marketplace.< > |
| doi_str_mv | 10.1109/59.131043 |
| format | Article |
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| ispartof | IEEE transactions on power systems, 1991-02, Vol.6 (1), p.23-29 |
| issn | 0885-8950 1558-0679 |
| language | eng |
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| source | IEEE Electronic Library (IEL) |
| subjects | 296000 - Energy Planning & Policy- Electric Power Computer aided software engineering COMPUTER CALCULATIONS COMPUTERIZED SIMULATION Costs ELECTRIC POWER ELECTRIC UTILITIES ENERGY PLANNING, POLICY AND ECONOMY Investments Load flow POWER Power generation Power generation economics Power system economics Power systems PRICES Pricing PUBLIC UTILITIES Reactive power REAL TIME SYSTEMS SIMULATION |
| title | Real-time pricing of reactive power: theory and case study results |
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