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Derivation of Operating Point for Reactive Power Pricing

Author(s):

Komal D. Fulwani , V.V.P. Engineering College; Komal D. Fulwani, V.V.P. Engineering College; Alpesh S. Adesara, V.V.P. Engineering College; Ravi R. Chanadarana, V.V.P. Engineering College

Keywords:

Reactive Power Pricing, Electrical Engineering , IEEE 14 bus system .

Abstract

Many electrical power utilities, worldwide, have been forced to change their way of operation and business, from vertical integrated to unbundled open market structured. The main aim of the restructuring is to bring some form of deregulation or re-regulation in certain part of electricity business sector in order to allow competition in wholesale and retail level. In addition, it is expected to provide choice and social benefit to customers. In any interconnected system, if the change in reactive power at any single bus is happened it affects all the other buses connected to that bus. So if the point has been found at which the reactive power is changed, the right allocation of the price can be done.

Other Details

Paper ID: IJSRDV2I4011
Published in: Volume : 2, Issue : 4
Publication Date: 01/07/2014
Page(s): 196-198

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