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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Palma-Behnke, R. Vargas, L.S. Jofre, A. |
| Copyright Year | 1969 |
| Abstract | This work presents a novel day-ahead energy acquisition model for a distribution company (DisCo) in a competitive market based on Pool and financial bilateral contracts. The market structure encompasses wholesale generation companies, distributed generation (DG) units of independent producers, DG units owned by the DisCo, and load curtailment options. Thus, while satisfying its technical constraints, the DisCo purchases active and reactive power according to the offers of DG units, customers, and the wholesale market. The resulting optimal power flow model is implemented with an object-oriented approach, which is solved numerically by making use of a branch and border sequential quadratic programming algorithm. The model is validated in test systems and then applied to a real case study. Results show the general applicability of the proposed model, with potential cost savings for the DisCo. Finally, the analysis of Lagrange multipliers gives valuable information, which can be used to improve the market design and to extend the use of the model to a more general market structure such as a power exchange. |
| Sponsorship | IEEE Power Engineering Society |
| Starting Page | 1718 |
| Ending Page | 1727 |
| Page Count | 10 |
| File Size | 632996 |
| File Format | |
| ISSN | 08858950 |
| Volume Number | 20 |
| Issue Number | 4 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2005-11-01 |
| Publisher Place | U.S.A. |
| Access Restriction | One Nation One Subscription (ONOS) |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Distributed control Object oriented modeling Power system modeling Contracts Distributed power generation Reactive power Load flow Quadratic programming System testing Costs quadratic programming Ancillary services distributed generation market design optimal power flow (OPF) |
| Content Type | Text |
| Resource Type | Article |
| Subject | Energy Engineering and Power Technology Electrical and Electronic Engineering |
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