Financial transmission rights (FTR) auction is an important method for allocating the network transmission capabilities to the market participants who value them most. In this letter, series flexible ac transmission systems (FACTS) devices are modeled as additional power injection at buses in the presented linear optimization problem of FTR auction, which is based on a dc power flow model. The ...

With the ever-increasing complexities in power systems across the worldwide, especially opening of electric power markets, it becomes more and more important to provide stable, secure, controlled and high quality electric power on today’s environment. The deregulation and competitive environment in the contemporary power networks will imply a new scenario in terms of load and power flow conditi...

Distribution networks transport electric energy to the end user from distribution substations. Power utilities are looking for improved power delivery performance. The performance of the delivery system is measured by the power loss of the system. The increase in power loss increases the operating cost of the distribution system. This paper presents an algorithm to minimizing the power loss of ...