EVALUATING TRANSMISSION CONGESTION CONSTRAINTS IN SYSTEM-PLANNING

Authors
FINNEY JD OTHMAN HA RUTZ WL
Citation
Jd. Finney et al., EVALUATING TRANSMISSION CONGESTION CONSTRAINTS IN SYSTEM-PLANNING, IEEE transactions on power systems, 12(3), 1997, pp. 1143-1148
Citations number
12
Categorie Soggetti
Engineering, Eletrical & Electronic
Journal title
IEEE transactions on power systems → ACNP
ISSN journal
08858950
Volume
12
Issue
3
Year of publication
1997
Pages
1143 - 1148
Database
ISI
SICI code
0885-8950(1997)12:3<1143:ETCCIS>2.0.ZU;2-O
Abstract
The formulation of a Poolco model suitable for power system planning i s presented. The model involves only slight enhancement to existing co nventional power system software and directly enables the calculation of spot prices and a bid-based dispatch, Included is a method for deco mposing spot prices to reveal components caused by system congestion, An example illustrates how financial hedges that are traded in the Poo lco scenario will affect system planning decisions.