Affordable Access

Publisher Website

A summary of algorithms in reactive power pricing

Authors
Journal
International Journal of Electrical Power & Energy Systems
0142-0615
Publisher
Elsevier
Publication Date
Volume
21
Issue
2
Identifiers
DOI: 10.1016/s0142-0615(98)00039-8
Keywords
  • Wheeling
  • Optimal Power Flow (Opf)
  • Reactive Power
  • Real-Time Pricing
  • Transmission Costs
Disciplines
  • Computer Science
  • Economics

Abstract

Abstract For decades, power factor penalties have been used as the basis for reactive power pricing. A low power factor implies that more current flows in the network than with the ideal situation with a unity power factor. The extra current flow means that the conduction losses in the wiring and transformers are higher than would be with a higher power factor for a given load. Current research has shown that power factor penalties do not provide accurate price signals to customers. The objective of this paper is to present a summary of some of the algorithms that have been proposed for pricing reactive power. The pricing rates are based on marginal costing implemented using some modification of optimal power flow (OPF) algorithms. The algorithms applied show that for maximum economic efficiency, the cost of reactive power transport is as equally significant as active power.

There are no comments yet on this publication. Be the first to share your thoughts.

Statistics

Seen <100 times
0 Comments

More articles like this

Multiple indices for optimal reactive power pricin...

on Decision Support Systems Jan 01, 1999

Algorithms for incorporating reactive power into m...

on Electric Power Systems Researc... Jan 01, 2003

Reactive power optimization by GA/SA/TS combined a...

on International Journal of Elect... Jan 01, 2002
More articles like this..