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| Content Provider | Springer Nature Link |
|---|---|
| Author | Prabhakar Karthikeyan, Shanmugam Jacob Raglend, I. Kothari, D. P. |
| Copyright Year | 2013 |
| Abstract | In power system studies, congestion in transmission lines and utilization of flexible alternating current transmission system (FACTS) devices are closely associated. These devices are very important due to their role in power delivery system enhancement. It is to be noted that the generation companies can exercise their market power which depends on the line flows, line constraints, generators’ location and its share to the individual loads. This issue cannot be overlooked as it creates monopoliness which is against the deregulated market policy. The objective of this paper is to study the impact of market power when FACTS devices like thyristor controlled switching capacitor (TCSC) and thyristor controlled phase angle regulator (TCPAR) are used under steady state operation. The market power is determined using nodal must-run share (NMRS) index for the standard IEEE 14-bus system with and without the above FACTS devices and the results obtained are compared. All the above simulations are conducted in a MATLAB 7.9-R2009b environment. |
| Starting Page | 448 |
| Ending Page | 455 |
| Page Count | 8 |
| File Format | |
| ISSN | 20951701 |
| Journal | Frontiers of Energy and Power Engineering in China |
| Volume Number | 7 |
| Issue Number | 4 |
| e-ISSN | 20951698 |
| Language | English |
| Publisher | Springer Berlin Heidelberg |
| Publisher Date | 2013-07-15 |
| Publisher Institution | Chinese Universities |
| Publisher Place | Berlin, Heidelberg |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | flexible alternating current transmission system (FACTS) thyristor controlled switching capacitor (TCSC) thyristor controlled phase angle regulator (TCPAR) market power must-run generation (MRG) nodal must-run share (NMRS) Energy Technology |
| Content Type | Text |
| Resource Type | Article |
| Subject | Energy Engineering and Power Technology |
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