Reactive Power Service to Encourage the Reactive Power Providers in Competitive Markets

Abstract

At the present day, competition in the power creation trade has turned out to be a real possibility as a
result of the reconstituting of electrical energy industry. To determine the worth of reactive power service from reactive
power suppliers is unexpected emergency. Active power delivered by power suppliers has turned out to be a choice. The
reactive power is considered like a facility whose objective may be to encourage power system reliability and security.
Reactive power is an essential maintain facility considering the present electrical power trend. Power manufacturers or
even generators have the ability to deal this facility to generate income. Presented the truth that a power generator
requires reactive power to transfers individual active power, but, it will be possible that specific power generators are not
able to maintain a system even though they may be producing reactive power. In such a structure we talk about the
procurement of reactive power maintain facility. The main objective of this topic is to show the importance of reactive
power pricing to encourage the reactive power providers for the system reliability.