Incorporating Corrected Transient Energy Margin to the Clearing of Coupled Energy and Reactive Power Market
نویسندگان
چکیده
This paper incorporates Corrected Transient Energy Margin (CTEM) to the clearing of coupled energy and reactive power market in the form of multi objective framework which includes two objective functions. The first one is the minimization of offer cost of generators for their active power generation in energy market plus Total Payment Function (TPF) of generators for reactive power compensation. The second objective function is Corrected Transient Energy Margin (CTEM). The Optimal Power Flow (OPF) is used to clear the coupled market which is solved by implementing Multiobjective Mathematical Programming (MMP) using ε-constraint method. The proposed coupled market framework is studied based on the well-known New-England 39-bus test system.
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