Reactive Power Pricing Issues in Restructuring Power System

Authors

  • Divya Chaudhari P.G Student
  • Balram Patel Assistant Professor, Electrical Engineering Department Parul Institute of Engineering and Technology

Keywords:

Reactive Power, Voltage Control, Ancillary Services, Electricity markets, Pricing

Abstract

Voltage control is an inherent part of power system operation. Due to the tight coupling between reactive
power and voltage magnitude, reactive support is the means used to maintain the desired voltage profile. The reactive
power is treated as a service whose purpose is to support system reliability and security. Reactive power is an important
support service in the current power market. Power producers or generators have the o pportunity to offer this service to
make a profit so reactive power pricing is necessary in electricity markets. A review of the important issues of reactive
power support, cost analysis, reactive power pricing is shown in this paper. An IEEE-14 bus system is used for the
Optimal Power Flow using MAT power.

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Published

2015-03-25

How to Cite

Divya Chaudhari, & Balram Patel. (2015). Reactive Power Pricing Issues in Restructuring Power System. International Journal of Advance Engineering and Research Development (IJAERD), 2(3), 33–38. Retrieved from https://ijaerd.org/index.php/IJAERD/article/view/508

Issue

Vol. 2 No. 3 (2015): Volume 2 Issue 3, March 2015

Section

Articles