Pareto-efficient double auction power transactions for economic reactive power dispatch
作者： Syamasree Biswas (Raha) , Kamal Krishna Mandal , Niladri Chakraborty
DOI: 10.1016/J.APENERGY.2016.01.039
关键词:
摘要: Pareto-efficient 12-h variable double auction bilateral power transactions have been considered here. Effect of such on the economic welfare is observed while solving reactive dispatch (RPD) by differential evolution with random localization technique. This has accomplished a combination static and dynamic var compensators like capacitor superconducting magnetic energy storage (SMES) considering IEEE 57-bus network. Out these transactions, Pareto efficient which were reconciled planed biding, provided maximum global welfare. The economics ascertained cumulating net benefits market players reduced merchandising surplus caused compensators. combined capacitor–SMES based observations RPD able to reduce 7.41% more loss 2.5 times improved benefit over singular placement. further achieved 0.069% profit enhancement in connection fundamental
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