Efficient and Reliable Reactive Power Supply and Consumption --Insights from an Integrated Program of Engineering and EconomicResearch

Thomas, Robert J; Mount, Timothy D; Schuler, Richard; Schulze, William; Zimmerman, Ray; Alvarado, Fernando; Lesieutre, Bernard C; Overholt, Philip N; Eto, Joseph H

doi:10.1016/j.tej.2007.12.002

Title: Efficient and Reliable Reactive Power Supply and Consumption --Insights from an Integrated Program of Engineering and EconomicResearch

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Abstract

In 2005, the Federal Energy Regulatory Commission (FERC) began discussing regulatory policy for reactive-power procurement and pricing in competitive electricity markets. This paper summarizes findings from a unique, interdisciplinary program of public-interest research that lays a formal foundation for evaluating aspects of FERC staff recommendations and offers early insights that should be useful in guiding policy implementation, specifically by: (1) clarifying the consumers and economic characteristics of reactive power as a basis for creating incentives to appropriately price it, (2) defining specific challenges in creating a competitive market for reactive power as well as new tools needed to help ensure such a market functions efficiently, and (3) demonstrating the importance of accounting for the physical characteristics of the transmission network in planning for reactive power and avoiding the exercise of market power by suppliers.

Authors:: Thomas, Robert J; Mount, Timothy D; Schuler, Richard; Schulze, William; Zimmerman, Ray; Alvarado, Fernando; Lesieutre, Bernard C; Overholt, Philip N; Eto, Joseph H

Publication Date:: Tue Jan 01 00:00:00 EST 2008

Research Org.:: Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

Sponsoring Org.:: USDOE. Ofc of Electricity Delivery and Energy Reliability.Office of Electric Transmission and Distribution

OSTI Identifier:: 932804

Report Number(s):: LBNL-63782
R&D Project: 673348; BnR: TD5008010; TRN: US200813%%504

DOE Contract Number:: DE-AC02-05CH11231

Resource Type:: Journal Article

Journal Name:: The Electricity Journal

Additional Journal Information:: Journal Volume: 21; Journal Issue: 1; Related Information: Journal Publication Date: 01/2008

Country of Publication:: United States

Language:: English

Subject:: 29; AVAILABILITY; ECONOMICS; ELECTRICITY; IMPLEMENTATION; MARKET; PLANNING; PRICES; PROCUREMENT; RECOMMENDATIONS; US FERC

Citation Formats


                    Thomas, Robert J, Mount, Timothy D, Schuler, Richard, Schulze, William, Zimmerman, Ray, Alvarado, Fernando, Lesieutre, Bernard C, Overholt, Philip N, and Eto, Joseph H. Efficient and Reliable Reactive Power Supply and Consumption --Insights from an Integrated Program of Engineering and EconomicResearch.  United States: N. p., 2008. 
        Web.  doi:10.1016/j.tej.2007.12.002.

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                    Thomas, Robert J, Mount, Timothy D, Schuler, Richard, Schulze, William, Zimmerman, Ray, Alvarado, Fernando, Lesieutre, Bernard C, Overholt, Philip N, & Eto, Joseph H. Efficient and Reliable Reactive Power Supply and Consumption --Insights from an Integrated Program of Engineering and EconomicResearch.  United States.  https://doi.org/10.1016/j.tej.2007.12.002

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                    Thomas, Robert J, Mount, Timothy D, Schuler, Richard, Schulze, William, Zimmerman, Ray, Alvarado, Fernando, Lesieutre, Bernard C, Overholt, Philip N, and Eto, Joseph H. 2008.  
        "Efficient and Reliable Reactive Power Supply and Consumption --Insights from an Integrated Program of Engineering and EconomicResearch".  United States.  https://doi.org/10.1016/j.tej.2007.12.002.  https://www.osti.gov/servlets/purl/932804.

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@article{osti_932804,

  title        = {Efficient and Reliable Reactive Power Supply and Consumption --Insights from an Integrated Program of Engineering and EconomicResearch},

  author       = {Thomas, Robert J and Mount, Timothy D and Schuler, Richard and Schulze, William and Zimmerman, Ray and Alvarado, Fernando and Lesieutre, Bernard C and Overholt, Philip N and Eto, Joseph H},

  abstractNote = {In 2005, the Federal Energy Regulatory Commission (FERC) began discussing regulatory policy for reactive-power procurement and pricing in competitive electricity markets. This paper summarizes findings from a unique, interdisciplinary program of public-interest research that lays a formal foundation for evaluating aspects of FERC staff recommendations and offers early insights that should be useful in guiding policy implementation, specifically by: (1) clarifying the consumers and economic characteristics of reactive power as a basis for creating incentives to appropriately price it, (2) defining specific challenges in creating a competitive market for reactive power as well as new tools needed to help ensure such a market functions efficiently, and (3) demonstrating the importance of accounting for the physical characteristics of the transmission network in planning for reactive power and avoiding the exercise of market power by suppliers.},

  doi          = {10.1016/j.tej.2007.12.002},

  url          = {https://www.osti.gov/biblio/932804},
  journal      = {The Electricity Journal},
number       = 1,

  volume       = 21,

  place        = {United States},

  year         = {Tue Jan 01 00:00:00 EST 2008},

  month        = {Tue Jan 01 00:00:00 EST 2008}

}

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