Paper Title

An Economic Approach of Reactive Power Management in Restructured Power Market – A Review

Authors

  • Mer Dhaval Devrajbhai
  • Vishnu B. Patel

Keywords

Component, Reactive power management; Ancillary services; Reactive power market clearing

Abstract

In vertical integrated utility, generation, transmission and distribution were under the direct ownership and control of one utility and hence ancillary service payments were bundled in the energy price. Whereas in restructured power market these were different utility and so that, the ancillary services payment is critical issue in restructured electricity market. For reliable and secure operation of the system, reactive power management is one of the most important ancillary services in restructured electricity market. This paper present review of reactive power procurement in restructured power market based on cost of power generation, cost of transmission loss, and power transmission charge.

Article Type

Published

How To Cite

Mer Dhaval Devrajbhai, Vishnu B. Patel. "An Economic Approach of Reactive Power Management in Restructured Power Market – A Review".INTERNATIONAL JOURNAL OF ENGINEERING DEVELOPMENT AND RESEARCH ISSN:2321-9939, Vol.2, Issue 1, pp.425-429, URL :https://rjwave.org/ijedr/papers/IJEDR1401074.pdf

Issue

Volume 2 Issue 1 

Pages. 425-429

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