View Item 

A novel modeling approach for exploring the effects of UPFC on restructured electricity market

Access Status
Open access
Authors
Hesamzadeh, M.
Abrishami, A.
Hosseinzadeh, N.
Wolfs, Peter
Date
2007
Type
Conference Paper

Metadata
Show full item record
Citation
Hesamzadeh, M. and Abrishami, A. and Hosseinzadeh, N. and Wolfs, Peter. 2007. A novel modeling approach for exploring the effects of UPFC on restructured electricity market, in Unknown (ed), Power Engineering Conference, 2007. IPEC 2007. International, Dec 3 2007, pp. 437-442. Singapore: IEEE.
Source Title
Power Engineering Conference, 2007. IPEC 2007. International
Source Conference
Power Engineering Conference, 2007. IPEC 2007. International
ISBN
Faculty
Department of Electrical and Computer Engineering
School of Engineering
Faculty of Science and Engineering
Remarks

Copyright © 2007 IEEE This material is presented to ensure timely dissemination of scholarly and technical work. Copyright and all rights therein are retained by authors or by other copyright holders. All persons copying this information are expected to adhere to the terms and constraints invoked by each author's copyright. In most cases, these works may not be reposted without the explicit permission of the copyright holder.

URI
Collection
Abstract

A new steady state modeling of unified power flow controller (UPFC) is proposed in this paper. Using this model, factors that affect the objective function of electricity market as a result of UPFC installation in power grid has been decomposed into four components, including line series impedance increase, shunt reactive power compensation, inphase component of series voltage and quadrature component of series voltage. A UPFC has been placed in different points of a test system and impact of each component on objective function of electricity market has been measured by simulation and compared with results from analytical method. Both active and reactive power spot prices are calculated and their relation with settings of UPFC series part has been studied. Also,numerical results shows that the necessary cost to improve security of electricity market decreases by UPFC installation.