Enhancement of Available Transfer Capability with Facts Device in the Competitive Power Market

Bairavan V Manikandan,Sathiasamuel C Raja,Paramasivam Venkatesh

doi:10.4236/eng.2010.25044

Bairavan V Manikandan, Sathiasamuel C Raja + Show 1 more

Open Access

https://doi.org/10.4236/eng.2010.25044

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Journal: Engineering	Publication Date: Jan 1, 2010
License type: CC BY 4.0

Affiliation: Thiagarajar College of Engineering

Abstract

In order to facilitate the electricity market operation and trade in the restructured environment, ample transmission capability should be provided to satisfy the demand of increasing power transactions. The conflict of this requirement and the restrictions on the transmission expansion in the restructured electrical market has motivated the development of methodologies to enhance the Available Transfer Capability (ATC) of the existing transmission grids. The insertion of FACTS devices in electrical systems seems to be a promising strategy to enhance ATC. In this paper, the viability and technical merits of boosting ATC using Thyristor Controlled Series Compensator (TCSC) is being analyzed. The work has been carried out on IEEE 30 bus and IEEE 118 bus systems. Bilateral and multilateral transactions are considered. Particle Swarm Optimization (PSO) algorithm and Genetic Algorithm (GA) are employed to obtain the optimal settings of TCSC.

Highlights

Deregulation of the electric industry throughout the world aims at creating competitive markets to trade electricity, which generates a host of new technical challenges to market participants and power system researchers
For the Available Transfer Capability (ATC) determination, generators setting are obtained from Combined Economic Emission Dispatch (CEED) environment as explained by the authors in [8,9]
From the view point of operational planning, this paper evaluated the impact of flexible ac transmission systems (FACTS) device on ATC enhancement

Summary

Introduction

Deregulation of the electric industry throughout the world aims at creating competitive markets to trade electricity, which generates a host of new technical challenges to market participants and power system researchers. Tight restrictions on the construction of new facilities due to the increasingly difficult economic, environmental, and social problems, have led to a much more intensive shared use of the existing transmission facilities by utilities and independent power producers (IPPs). These concerns have motivated the development of strategies and methodologies to boost the ATC of the existing transmission networks

Methods

Results

Conclusion