Stochastic multi-objective congestion management in power markets improving voltage and transient stabilities

European Transactions on Electrical Power

Volumn 21, Issue 1, 2011, Pages 99-115

  Esmaili, Masoud ^a   Amjady, Nima ^b   Shayanfar, Heidar Ali ^a  

^a IRAN UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Iran)

^b SEMNAN UNIVERSITY   (Iran)

Author keywords

corrected transient stability function; electricity market; multi objective mathematical programming; security cost; stochastic congestion management; voltage stability

Indexed keywords

ELECTRICITY MARKET; MULTI OBJECTIVE; SECURITY COST; STOCHASTIC CONGESTION MANAGEMENT; TRANSIENT STABILITY; VOLTAGE STABILITY;

COMMERCE; ELECTRIC INDUSTRY; FUNCTIONS; MANAGEMENT; MATHEMATICAL PROGRAMMING; MULTIOBJECTIVE OPTIMIZATION; STABILITY; STOCHASTIC SYSTEMS; VOLTAGE STABILIZING CIRCUITS;

POWER QUALITY;

EID: 79551487181     PISSN: 1430144X     EISSN: 15463109     Source Type: Journal    
DOI: 10.1002/etep.416     Document Type: Article

References (40)

1. Berizzi A, Delfanti M, Merlo M, Pasquadibisceglie MS,. Congestion management in a zonal market by a neural network approach. European Transactions on Electrical Power 2009; 19 (4): 569-584.
2. Sadeh J, Mashhadi HR, Latifi MA,. A risk-based approach for bidding strategy in an electricity pay-as-bid auction. European Transactions on Electrical Power 2009; 19 (1): 39-55.
3. Shahidehpour M, Almoush M,. Restructured Electrical Power Systems: Operation, Trading, and Volatility. Marcel Dekker: New York, 2001.
4. Shayesteh E, Moghaddam MP, Yousefi A, Haghifam MR, Sheik-El-Eslami MK,. A demand side approach for congestion management in competitive environment. European Transactions on Electrical Power 2009; Early View, DOI: 10.1002/etep.330
5. Yamashita K, Jung Kwan J, Jwan L, Pei Z, Chan-Ching L,. Analysis, control, and economic impact assessment of major blackout events. European Transactions on Electrical Power 2008; 18 (8): 854-871.
6. Guanglin C, Yongjun Z, Rouyi C, Zexiang C,. A fast corrective load shedding control scheme to prevent AC/DC systems voltage collapse. European Transactions on Electrical Power 2008; Early View, DOI: 10.1002/etep.266
7. IEEE/CIGRE Joint Task Force on Stability Terms and Definitions. Definition and classification of power system stability. IEEE Transaction on Power Systems 2004; 9 (2): 1387-1401.
8. Taylor CW,. Power System Voltage Stability. McGraw-Hill: New York, 1994.
9. Kumar A, Srivastava SC, Singh SN,. Congestion management in competitive power market: a bibliographical survey. Electric Power Systems Research 2005; 76 (1-3): 153-164.
10. Milano F, Cañizares CA, Invernizzi M,. Multiobjective optimization for pricing system security in electricity markets. IEEE Transaction on Power Systems 2003; 18 (2): 596-604.
11. Conejo AJ, Milano F, García-Bertrand R,. Congestion management ensuring voltage stability. IEEE Transaction on Power Systems 2006; 21 (1): 357-364.
12. Nguyen TB, Pai MA,. Dynamic security-constrained rescheduling of power systems using trajectory sensitivities. IEEE Transaction on Power Systems 2003; 18 (2): 848-854.
13. Singh SN, David AK,. Dynamic security constrained congestion management in competitive electricity markets. Power Engineering Society Winter Meeting 2000; 3: 1808-1813.
14. Shubhanga KN, Kulkarni AM,. Stability-constrained generation rescheduling using energy margin sensitivities. IEEE Transaction on Power Systems 2004; 19 (3): 1402-1413.
15. David AK,. Dynamic security enhancement in power-market systems. IEEE Transaction on Power Systems 2002; 17 (2): 431-438.
16. Yamin HY, Altawil IA, Al-Ajlouni AF, Shahidehpour SM,. Risk-based self-scheduling for GenCos in the day-ahead competitive electricity markets. European Transactions on Electrical Power 2009; 19 (1): 103-112.
17. Kirschen DS,. Power system security. Power Engineering Journal 2002; 16: 241-248.
18. Wu B, Zhang Y, Chen. MJ,. Probabilistic approach to voltage stability analysis with load uncertainty considered. European Transactions on Electrical Power 2009; 19 (2): 209-224.
19. Bouffard F, Galiana FD,. An electricity market with a probabilistic spinning reserve criterion. IEEE Transaction on Power Systems 2004; 19 (1): 300-307.
20. Castillo E, Conejo AJ, Mínguez R, Castillo C,. An alternative approach for addressing the failure probability-safety factor method with sensitivity analysis. Reliability Engineering & System Safety 2003; 82: 207-216.
21. Billinton R, Mo R,. Deterministic/probabilistic contingency evaluation in composite generation and transmission systems. Proceedings IEEE Power Engineering Society General Meeting, Denver, CO 2004; 2: 2232-2237.
22. Xiao Y, Song YH, Sun YZ,. A hybrid stochastic approach to available transfer capability evaluation. IEE Proceedings on Generation, Transmission and Distribution 2001; 148 (5): 420-426.
23. Wu L, Shahidehpour M, Li T,. Stochastic security-constrained unit commitment. IEEE Transactions on Power Systems 2007; 22 (2): 800-811.
24. Glasserman P,. Monte Carlo Simulation Method in Financial Engineering. Springer: New York, 2003.
25. Wu L, Shahidehpour M, Li T,. Cost of reliability analysis based on stochastic unit commitment. IEEE Transaction on Power Systems 2008; 23 (3): 1364-1374.
26. Kall P, Wallace SW,. Stochastic Programming. Wiley: New York, 1994.
27. Li T, Shahidehpour M, Li Z,. Risk-constrained bidding strategy with stochastic unit commitment. IEEE Transaction on power systems 2007; 22 (1): 449-458.
28. Chen MJ, Wu B, Chen. C,. Determination of shortest distance to voltage instability with particle swarm optimization algorithm. European Transactions on Electrical Power 2008; Early View, DOI: 10.1002/etep.286
29. Amjady N, Esmaili M,. Voltage security assessment and vulnerable bus ranking of power systems. International Journal of Electrical Power Systems Research 2003; 64: 227-237.
30. Overbye TJ,. Effects of load modeling on power system voltage stability. International Journal of Electric Power & Energy Systems 1993; 16 (5): 329-338.
31. Fang DZ, Chung TS, Zhang Y, Song W,. Transient stability limit conditions analysis using a corrected transient energy function approach. IEEE Transaction on Power Systems 2000; 15 (2): 804-810.
32. Kundur P,. Power System Stability and Control. McGraw-Hill: New York, 1994.
33. Amjady N, Esmaili M,. Application of a new sensitivity analysis framework for voltage contingency ranking. IEEE Transaction on Power Systems 2005; 20 (2): 973-983.
34. Mavrotas G,. Generation of efficient solutions in multi-objective mathematical programming problems using GAMS, effective implementation of the Îμ-constraint method. Accessed June 2009.
35. Cohon JL,. Multiobjective Programming and Planning. Academic Press: New York, 1978.
36. Esmaili M, Shayanfar HA, Amjady N,. Multi-objective congestion management incorporating voltage and transient stabilities. Energy 2009; 34 (9): 1401-1412.
37. Accessed June 2009.
38. GAMS (General Algebraic Modeling System) software package, Accessed June 2009.
39. PSS/E 30 user manuals, 2004. Shaw Power Technologies, Inc., USA.
40. Milano F,. Power System Analysis Toolbox (PSAT), Accessed June 2009.