Available transfer capability assessment considering economic constraint

Chang Hua Zhang*, Yu Hua Cheng, Yong Chen, Qi Huang, Yong Hua Song

*Corresponding author for this work

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

Abstract

In this paper, a new mathematic model for calculating available transfer capability (ATC) of power system in power market is presented. This model considers the bidding of generators, bus locational marginal price (LMP) and system security constraints. The objective function is to maximize the total active power consumption for load in sink area. The constraint is the system operation in a security and economy way. A bi-level leader-follower decision-making measure is taken to solve the problem. Relative to the former ATC models which only consider system security constraints, this model is more in accord with the market reality and its solution can guide all parties in market to make decision more efficiently. The numerical simulation results in IEEE30 bus system demonstrate the validity of this model.

Original languageEnglish
Title of host publication3rd International Conference on Deregulation and Restructuring and Power Technologies, DRPT 2008
Pages377-380
Number of pages4
DOIs
Publication statusPublished - 2008
Event3rd International Conference on Deregulation and Restructuring and Power Technologies, DRPT 2008 - Nanjing, China
Duration: 6 Apr 20089 Apr 2008

Publication series

Name3rd International Conference on Deregulation and Restructuring and Power Technologies, DRPT 2008

Conference

Conference3rd International Conference on Deregulation and Restructuring and Power Technologies, DRPT 2008
Country/TerritoryChina
CityNanjing
Period6/04/089/04/08

Keywords

  • Available transfer capability
  • Bi-level optimization
  • Optimal power flow
  • Power system

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