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Reactive Power Management and Economic Assessment of Power System Markets

Author(s):

Loveleen Kaur , PEC UNIVERSITY OF TECHNOLOGY; Aashish Ranjan, PEC UNIVERSITY OF TECHNOLOGY; S. Chatterji, UCER, Gr Noida, Uttar Pradesh, ; Amod Kumar, CSIO, CHANDIGARH

Keywords:

Reactive Power Management, Economic Dispatch, Genetic Algorithm, Particle Swarm Optimization

Abstract

Power industry is under great pressure to provide reactive power or Var support. Although it is generally known that there are technical benefits for utilities and industrial customers to provide local reactive power support, a thorough quantitative investigation of the economic benefit is greatly needed. In this paper, we have discussed about various issues associated with the management of reactive power and also about the optimal power flow in the power system markets. We have conducted various experiments and tests to justify our results. A comparison of the methods is also presented in this paper.

Other Details

Paper ID: IJSRDV5I50880
Published in: Volume : 5, Issue : 5
Publication Date: 01/08/2017
Page(s): 581-584

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