Shunt capacitor renewal planning through cost leveling strategy using condition age model

Yuta Tanaka, Ken Suzuki, Shinichi Iwamoto

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    Past high economic growth in Japan sharply increased power demands year after year. Japanese utilities therefore installed shunt capacitors (SCs) to help voltage profiles and stability meet predicted demands, but some aging SCs will soon need to be replaced. Recent large-scale introduction of Photo Voltaic (PV) systems may lead to voltage stability problems, and there are SC renewal planning problem. This paper addresses the issue of SC replacement with other voltage control equipment. In addition, economic evaluation techniques have caught the interest of power system asset managers. We propose a new fundamental renewal planning method with renewal period cost leveling using the condition age model. Simulations of the IEEJ 30-machine 115-bus system confirm the validity of the proposed method.

    Original languageEnglish
    Title of host publication10th International Power and Energy Conference, IPEC 2012
    Pages263-268
    Number of pages6
    DOIs
    Publication statusPublished - 2012
    Event10th International Power and Energy Conference, IPEC 2012 - Ho Chi Minh City
    Duration: 2012 Dec 122012 Dec 13

    Other

    Other10th International Power and Energy Conference, IPEC 2012
    CityHo Chi Minh City
    Period12/12/1212/12/13

    Keywords

    • Asset Management
    • Cost Leveling
    • Power System Planning
    • Shunt Capacitor
    • Voltage Stability L-index

    ASJC Scopus subject areas

    • Energy Engineering and Power Technology
    • Fuel Technology

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  • Cite this

    Tanaka, Y., Suzuki, K., & Iwamoto, S. (2012). Shunt capacitor renewal planning through cost leveling strategy using condition age model. In 10th International Power and Energy Conference, IPEC 2012 (pp. 263-268). [6523275] https://doi.org/10.1109/ASSCC.2012.6523275