Evaluating transfer capability of economic-driven power markets

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

doi:10.1080/1448837X.2007.11464157

Evaluating transfer capability of economic-driven power markets

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

Research output: Journal article publication › Journal article › Academic research › peer-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 language	English
Pages (from-to)	167-176
Number of pages	10
Journal	Australian Journal of Electrical and Electronics Engineering
Volume	3
Issue number	2
DOIs	https://doi.org/10.1080/1448837X.2007.11464157
Publication status	Published - 1 Jan 2007
Externally published	Yes

Keywords

Deregulated market
Multi-objective optimisation
Optimal power flow
Transfer capability

ASJC Scopus subject areas

Electrical and Electronic Engineering

More information

10.1080/1448837X.2007.11464157

Cite this

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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.",

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AB - 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.

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Evaluating transfer capability of economic-driven power markets

Abstract

Keywords

ASJC Scopus subject areas

More information

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