Optimal pricing for real and reactive power is a very important issue in a deregulation environment. This paper summarises the optimal pricing problem as an extended optimal power flow problem. Then, spot prices are decomposed into different components reflecting various ancillary services. The derivation of the proposed decomposition model is described in detail. Primary-Dual Interior Point method is applied to avoid 'go' 'no go' gauge. In addition, the proposed approach can be extended to cater for other types of ancillary services.
|ジャーナル||International Journal of Electrical Power and Energy System|
|出版ステータス||Published - 2004 6月|
ASJC Scopus subject areas