A novel modeling approach for exploring the effects of UPFC on restructured electricity market
A new steady state modeling of unified power flow controller (UPFC) is proposed in this paper. Using this model, factors that affect the objective function of electricity market as a result of UPFC installation in power grid has been decomposed into four components, including line series impedance i...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Conference Paper |
| Published: |
IEEE
2007
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/14177 |
| _version_ | 1848748552854962176 |
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| author | Hesamzadeh, M. Abrishami, A. Hosseinzadeh, N. Wolfs, Peter |
| author2 | Unknown |
| author_facet | Unknown Hesamzadeh, M. Abrishami, A. Hosseinzadeh, N. Wolfs, Peter |
| author_sort | Hesamzadeh, M. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | A new steady state modeling of unified power flow controller (UPFC) is proposed in this paper. Using this model, factors that affect the objective function of electricity market as a result of UPFC installation in power grid has been decomposed into four components, including line series impedance increase, shunt reactive power compensation, inphase component of series voltage and quadrature component of series voltage. A UPFC has been placed in different points of a test system and impact of each component on objective function of electricity market has been measured by simulation and compared with results from analytical method. Both active and reactive power spot prices are calculated and their relation with settings of UPFC series part has been studied. Also,numerical results shows that the necessary cost to improve security of electricity market decreases by UPFC installation. |
| first_indexed | 2025-11-14T07:06:52Z |
| format | Conference Paper |
| id | curtin-20.500.11937-14177 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:06:52Z |
| publishDate | 2007 |
| publisher | IEEE |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-141772017-10-02T02:27:30Z A novel modeling approach for exploring the effects of UPFC on restructured electricity market Hesamzadeh, M. Abrishami, A. Hosseinzadeh, N. Wolfs, Peter Unknown Unified power flow controller quadratic decomposition optimal power flow LMP A new steady state modeling of unified power flow controller (UPFC) is proposed in this paper. Using this model, factors that affect the objective function of electricity market as a result of UPFC installation in power grid has been decomposed into four components, including line series impedance increase, shunt reactive power compensation, inphase component of series voltage and quadrature component of series voltage. A UPFC has been placed in different points of a test system and impact of each component on objective function of electricity market has been measured by simulation and compared with results from analytical method. Both active and reactive power spot prices are calculated and their relation with settings of UPFC series part has been studied. Also,numerical results shows that the necessary cost to improve security of electricity market decreases by UPFC installation. 2007 Conference Paper http://hdl.handle.net/20.500.11937/14177 IEEE fulltext |
| spellingShingle | Unified power flow controller quadratic decomposition optimal power flow LMP Hesamzadeh, M. Abrishami, A. Hosseinzadeh, N. Wolfs, Peter A novel modeling approach for exploring the effects of UPFC on restructured electricity market |
| title | A novel modeling approach for exploring the effects of UPFC on restructured electricity market |
| title_full | A novel modeling approach for exploring the effects of UPFC on restructured electricity market |
| title_fullStr | A novel modeling approach for exploring the effects of UPFC on restructured electricity market |
| title_full_unstemmed | A novel modeling approach for exploring the effects of UPFC on restructured electricity market |
| title_short | A novel modeling approach for exploring the effects of UPFC on restructured electricity market |
| title_sort | novel modeling approach for exploring the effects of upfc on restructured electricity market |
| topic | Unified power flow controller quadratic decomposition optimal power flow LMP |
| url | http://hdl.handle.net/20.500.11937/14177 |