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A Reactive Power Service Cost Allocation and Pricing Method in the New Deregulated Electricity Market Environment

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2 Author(s)
Yue Zhao ; Dept. of Electron. & Comput. Eng., Brunel Inst. of Power Syst., Uxbridge ; Irving, M.R.

It is necessary to restructure the reactive power pricing framework. The exchange of real energy is the dominant intention of the electric power exchange and the reactive power has its inherent limitation. But the importance and stimulation effect of an effective reactive power cost structure is important also, especially to the performance of the power market, the quality of electric power exchange and the security of the power system. All this tell us that reactive power should be treated as more than a subsidiary factor

Published in:

Transmission and Distribution Conference and Exhibition, 2005/2006 IEEE PES

Date of Conference:

21-24 May 2006

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