Evaluating transfer capability of economic-driven power markets

S. H. Goh, T. K. Saha, Z. Y. Dong, Zhao Xu

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

The on-going restructuring of electric power utilities poses great challenges for power system engineers to plan and operate power systems as economical and reliable as possible, This paper discusses an important issue, which has been usually neglected, when quantifying active power transfer levels in the present economic-driven electricity markets. A mathematical model of a multi-objective optimisation (MOOP) technique has been adopted and presented here for transfer capability studies; which can be helpful for power system planning and operation procedures. The newly-developed algorithm is being tested on several case studies with relevant results to aid discussions.
Original languageEnglish
Pages (from-to)167-176
Number of pages10
JournalAustralian Journal of Electrical and Electronics Engineering
Volume3
Issue number2
DOIs
Publication statusPublished - 1 Jan 2007
Externally publishedYes

Keywords

  • Deregulated market
  • Multi-objective optimisation
  • Optimal power flow
  • Transfer capability

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

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