A novel modeling approach for exploring the effects of UPFC on restructured electricity market
conference contributionposted on 2017-12-06, 00:00 authored by Mohammad HesamzadehMohammad Hesamzadeh, A Abrishami, Nasser HosseinzadehNasser Hosseinzadeh, Peter WolfsPeter Wolfs
Abstract— A new steady state modeling of unified power flow controller (UPFC) is proposed in this paper. Using this model, factors that affect the objective function of electricity market as a result of UPFC installation in power grid has been decomposed into four components, including line series impedance increase, shunt reactive power compensation, in-phase component of series voltage and quadrature component of series voltage. A UPFC has been placed in different points of a test system and impact of each component on objective function of electricity market has been measured by simulation and compared with results from analytical method. Both active and reactive power spot prices are calculated and their relation with settings of UPFC series part has been studied. Also, numerical results shows that the necessary cost to improve security of electricity market decreases by UPFC installation.
Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)
Number of Pages7
PublisherIEEE Power Chapter Singapore
Place of PublicationSingapore
External Author AffiliationsDanishgah-i Shiraz; Faculty of Sciences, Engineering and Health;