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A scheduling method of hybrid power market taking into account reactive power

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2 Author(s)
X. Li ; Dept. of Electr. & Electron. Eng., Kitami Inst. of Technol., Japan ; S. Yamashiro

Electric power deregulation is a restructuring of rules and in the reconstructed power industry, we can expect a form of power supply from both bilateral contract and spot market. This paper presents a daily operation scheduling method taking into account reactive power in the pool and bilateral transactions mixed power market, where the bilateral contract power level for a daily operation is given as a premise for scheduling. Using the proposed method, we discuss how the bilateral contract power level influences on the pool operation and economic efficiency of the system operation.

Published in:

Power System Technology, 2004. PowerCon 2004. 2004 International Conference on  (Volume:2 )

Date of Conference:

21-24 Nov. 2004