Optimal design of energy distribution network using power flow controller

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In power delivery systems, the use of dispersed generation and security control to improve network utilization requires the optimal use of system control devices. The installation of loop controller allows the distribution system to operate in a loop configuration, achieving effective management of voltage and power flow. In the investment planning process, it is important to identify the optimal location and installed capacity of the equipment such that all operational constraints are satisfied. This chapter presents a method for identifying the optimal location and capacity with theminimum installation cost. Our novel approach uses an economic model that considers the fixed costs. A slope scaling procedure is presented, and its efficiency is demonstrated using numerical experiments.

Original languageEnglish
Title of host publicationHandbook of Energy Finance
Subtitle of host publicationTheories, Practices and Simulations
PublisherWorld Scientific Publishing Co.
Pages343-361
Number of pages19
ISBN (Electronic)9789813278387
ISBN (Print)9789813278370
DOIs
Publication statusPublished - 2020 Jan 1

Keywords

  • Linear approximation
  • Loop controller
  • Optimal power flow
  • Optimization
  • Power system
  • Stochastic programming

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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