5TH International Congress on Technology - Engineering & Science - Kuala Lumpur - Malaysia (2018-02-01)

Novel Structure For Reactive Power Market By Considering Reactive Losses Caused By Active Power Flow

In this paper, a new structure for reactive power market is presented. Considering reactive power losses caused by active power flow in the reactive power market is the main purpose of this paper. Hence, this study tries to improve reactive power market and create fair competition in reactive power generation. Furthermore, the cost payment function of synchronous generators is modified by correct modeling of required reactive power for auxiliary equipment of the unit.
alireza ahmadimanesh, mohsen kalantar