TY - GEN
T1 - AC or DC OPF based LMP's in a competitive electricity market?
AU - Korab, Roman
AU - Tomasik, Grzegorz
PY - 2005
Y1 - 2005
N2 - In this paper five-bus test system as well as Polish power system consisting of 2750 nodes and 3500 branches have been used for calculations. For each case LMP values were determined by three methods: AC OPF with direct respecting voltage constraints, DCL OPF with power losses and DC OPF-withoutpower losses. Based on the results obtained, it can be concluded that the proposed method for determining the branch real power capacity limit it possible to meet voltage constraints in the network during DC optimization. It can also be stated that in the Polish power system it is possible apply both the exact AC model and a simplified DCL model, while the use of the DC model is not appropriate for the Polish system.
AB - In this paper five-bus test system as well as Polish power system consisting of 2750 nodes and 3500 branches have been used for calculations. For each case LMP values were determined by three methods: AC OPF with direct respecting voltage constraints, DCL OPF with power losses and DC OPF-withoutpower losses. Based on the results obtained, it can be concluded that the proposed method for determining the branch real power capacity limit it possible to meet voltage constraints in the network during DC optimization. It can also be stated that in the Polish power system it is possible apply both the exact AC model and a simplified DCL model, while the use of the DC model is not appropriate for the Polish system.
KW - AC and DC Power Flow Model
KW - Balancing Market
KW - Electricity Market
KW - Locational Marginal Price
KW - Optimal Power Flow
UR - https://www.scopus.com/pages/publications/33749044006
U2 - 10.1109/CIGRE.2005.1532727
DO - 10.1109/CIGRE.2005.1532727
M3 - Conference contribution
AN - SCOPUS:33749044006
SN - 0780391918
SN - 9780780391918
T3 - 2005 CIGRE/IEEE PES International Symposium
SP - 61
EP - 68
BT - 2005 CIGRE/IEEE PES International Symposium
T2 - 2005 CIGRE/IEEE PES International Symposium
Y2 - 5 October 2005 through 7 October 2005
ER -