Sustainable Generation Portfolio

The concept of congestion management is extended to include dynamic effects. Based on a hybrid market structure, a new framework is proposed to eliminate congestion when system stability is threatened. It is shown that by fully utilizing the available resources, system stability as well as the trans...

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Bibliographic Details
Published in:IEEE power engineering review 2002-05, Vol.22 (5), p.12-15
Main Author: Balser, David A.
Format: Article
Language:English
Subjects:
Contingency management
Costs
Energy management
Hybrid power systems
ISO
Power markets
Power system dynamics
Power system management
Power system stability
Power system transients
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Summary:The concept of congestion management is extended to include dynamic effects. Based on a hybrid market structure, a new framework is proposed to eliminate congestion when system stability is threatened. It is shown that by fully utilizing the available resources, system stability as well as the transactions in the bilateral and balancing markets can be secured after a stability contingency, while the total dynamic congestion management cost is minimized.
ISSN:0272-1724
1558-1705
DOI:10.1109/39.999663