Study on congested power system in competitive electricity market: A proposed methodology

Nappu, Muhammad Bachtiar and Saha, Tapan Kumar (2010). Study on congested power system in competitive electricity market: A proposed methodology. In: IPEC 2010 Conference Proceedings. 9th International Power and Energy Conference, IPEC 2010, Singapore, (830-835). 27-29 October 2010. doi:10.1109/IPECON.2010.5697081

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Author Nappu, Muhammad Bachtiar
Saha, Tapan Kumar
Title of paper Study on congested power system in competitive electricity market: A proposed methodology
Conference name 9th International Power and Energy Conference, IPEC 2010
Conference location Singapore
Conference dates 27-29 October 2010
Proceedings title IPEC 2010 Conference Proceedings
Journal name 2010 9th International Power and Energy Conference, IPEC 2010
Place of Publication United States
Publisher IEEE (Institute for Electrical and Electronic Engineers)
Publication Year 2010
Sub-type Fully published paper
DOI 10.1109/IPECON.2010.5697081
ISBN 9781424473991
Issue Article number 5697081
Start page 830
End page 835
Total pages 6
Collection year 2011
Language eng
Abstract/Summary The primary economic concern of the market players in the restructured electricity market is the practice of market power by one or more participants. Market power practice can encumber competition in power production, service quality and technological innovation. This paper proposes a new composite method for investigating market power under congested condition. This method is based on an improved technique of locational marginal price (LMP) design employing shift-factor optimal power flow. Market concentration and social cost of congested are evaluated. Numerical example on the 24-bus IEEE Reliability Test system (IEEE-RTS) is presented to illustrate the proposed method. ©2010 IEEE.
Keyword Deregulated electricity market
Locational marginal prices
Market efficiency
Market power
Transmission congestion
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

 
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Created: Sat, 14 May 2011, 10:34:15 EST by Ms Deborah Brian on behalf of School of Information Technol and Elec Engineering