This paper is published in Volume-3, Issue-3, 2017
Area
Nodal Pricing
Author
Juily N. Sukalkar
Co-authors
Dr. Sanjay B. Warkad
Org/Univ
P.R. Pote College of Engineering & Management, Amravati, Maharashtra, India
Pub. Date
16 May, 2017
Paper ID
V3I3-1309
Publisher
Keywords
Optimal Power flow, Nodal Pricing, Deregulation, MATLAB, IEEE 30Bus.

Citationsacebook

IEEE
Juily N. Sukalkar, Dr. Sanjay B. Warkad. Ac-Dc Optimal power flow Based nodal pricing in deregulated power system, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Juily N. Sukalkar, Dr. Sanjay B. Warkad (2017). Ac-Dc Optimal power flow Based nodal pricing in deregulated power system. International Journal of Advance Research, Ideas and Innovations in Technology, 3(3) www.IJARIIT.com.

MLA
Juily N. Sukalkar, Dr. Sanjay B. Warkad. "Ac-Dc Optimal power flow Based nodal pricing in deregulated power system." International Journal of Advance Research, Ideas and Innovations in Technology 3.3 (2017). www.IJARIIT.com.

Abstract

In This Paper an AC-DC Optimal power flow based nodal pricing methodology is presented. The active and reactive power generated and purchased at each bus is calculated by using OPF. Also, nodal prices can be obtained by using OPF. Here the nodal prices are important because they reflect the marginal generation and load at each bus. In general, these prices are also known as locational marginal Prices and spot prices. In this paper, for the load flow analysis, a well-known Newton-Raphson method is used and is modified to achieve compatibility for a.c.-d.c. systems with integrated d.c. links in the a.c. network. This Paper use the MATLAB Software to determine the OPF based Nodal pricing scheme without violating system constraints. This approach has been demonstrated by simulating the study with IEEE30 bus system and conclusions are drawn.
Paper PDF