Optimal multi-area wheeling

Journal Article · Tue Feb 01 04:00:00 EST 1994 · IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States)

DOI:https://doi.org/10.1109/59.317599· OSTI ID:7110121

Li, Y Z ^[1]; David, A K ^[2]

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1. Shanghai Univ. of Technology (China)
2. Hong Kong Polytechnic, Kowloon (Hong Kong)

An important consideration in wheeling is where a transaction involves several parties, that is, multi-area wheeling. Power from seller to buyer flows through several intermediate utilities. Each utility represents an individual control area, engaged in part of a more complex wheeling transaction. Individual wheeling rates then have to be computed for each area. The question of how much energy should be transported through each path and what wheeling price should be paid is then an issue of importance. This is formulated as a nonlinear optimization program with linear constraints and solved by a gradient projection method. The availability of FACTS capability to implement the optimal wheeling strategy once determined, is assumed in this paper.

• OSTI ID: 7110121
• Journal Information: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States), Journal Name: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States) Vol. 9:1; ISSN ITPSEG; ISSN 0885-8950
• Country of Publication: United States
• Language: English

Related Subjects

24 POWER TRANSMISSION AND DISTRIBUTION
240100* -- Power Systems-- (1990-)
ENERGY SYSTEMS
INTERCONNECTED POWER SYSTEMS
MARGINAL-COST PRICING
OPTIMIZATION
POWER SYSTEMS
POWER TRANSMISSION
PRICES
RATE STRUCTURE