POWER PRICING IMPACT ON FACTS DEVICES-UNIFIED POWER FLOW CONTROLLER
DESIGN DETAILS
Real and Reactive power is one of the main characteristics that play a major role in power systems. When reactive flow is inadequate, the power system is confronted with voltage collapse, and more than enough reactive power production follows the circulation in the network and consequently the occupation of power lines. On the other hand, power market evolves from centralised and vertically integrated structure to a competitive environment. The reactive power market is different from energy market and like others such as spinning reserve, frequency control and power system stabiliser are taken in the category of the ancillary service market.
This Matlab design presents a methodology to locate the UPFC for congestion management in the deregulated power sector and presents a nonlinear optimization problem formulation with UPFC to see the impact on transmission real and reactive spot pricing. The design has been tested on an IEEE 30 bus test system using Matlab 2020a version.
REFERENCES
Reference Paper: Impact on Real and Reactive Power Pricing in Open Power Market Using Unified Power Flow Controller
Author’s Name: K. S. Verma and H. O. Gupta
Source: IEEE
Year:2006
DOWNLOAD the Matlab code from the below URL, and specify the Website URL or Title of the design.
https://drive.google.com/file/d/1pLlXnt06vhVkp609-8b1pqSFEqN70oN_/view?usp=sharing
SIMULATION VIDEO DEMO
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