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Browse Journals & Magazines > Power Systems, IEEE Transacti ...> Volume:12 Issue:3 Help

Evaluating transmission congestion constraints in system planning

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3 Author(s)
Finney, J.D. ; ABB Power T&D Co. Inc., Raleigh, NC, USA ; Othman, H. ; Rutz, William L.

The formulation of a Poolco model suitable for power system planning is presented. The model involves only slight enhancement to existing conventional power system software and directly enables the calculation of spot prices and a bid-based dispatch. Included is a method for decomposing spot prices to reveal components caused by system congestion. An example illustrates how financial hedges that are traded in the Poolco scenario will affect system planning decisions

Published in:
Power Systems, IEEE Transactions on  (Volume:12 ,  Issue: 3 )

Date of Publication: Aug 1997

Page(s):
1143 - 1150
ISSN :
0885-8950
INSPEC Accession Number:
5662450
Digital Object Identifier :
10.1109/59.630454
Product Type:
Journals & Magazines
Date of Current Version :
06 August 2002
Issue Date :
Aug 1997
Sponsored by :
IEEE Power & Energy Society

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