Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/15869
Title: Pricing of reactive support ancillary services
Authors: Lin, XJ
Yu, CW
Chung, CY
Issue Date: 2005
Publisher: The Institution of Engineering and Technology
Source: IEE proceedings. Generation, transmission, and distribution, 2005, v. 152, no. 5, p. 616-622 How to cite?
Journal: IEE proceedings. Generation, transmission, and distribution 
Abstract: Good reactive power management is essential for the secure operation of power systems. In a deregulated power market environment, apart from technical complexities, economic considerations of compensating reactive power suppliers and charging transmission users add new challenges to the problem. The problem of pricing reactive ancillary services is addressed. It is formulated as a joint cost allocation problem. The total reactive support costs are determined to be the increase in real generation costs from the reactive unconstrained case (base case) to the case in which voltage security constraints are considered. The incurred costs are allocated to consumers with the application of the Aumann-Shapley method. The results of the simulation of the proposed methodology are demonstrated on an eight-bus system.
URI: http://hdl.handle.net/10397/15869
ISSN: 1350-2360
EISSN: 1751-8695
DOI: 10.1049/ip-gtd:20045268
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