Cost Optimization Depending on Load Compositions in Isolated Wind Diesel Based Multi Units System

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Nitin Kumar Saxena
Nitin Kumar Saxena
2
Ashwani Kumar
Ashwani Kumar

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Public Private Partners (PPPs) have to be competitive in electricity market by deciding economic tariffs not only for power consumption but for several ancillary services too. The procurement of reactive power, as an ancillary service for voltage control especially in isolated power systems, involves cost investment and thus needs to be remunerated. The reactive power demands for different load compositions are different so their remuneration rates must also be different. Role of static compensation along with dynamic compensation becomes important in reducing the overall compensation cost. Since the participation of static compensator degrades the voltage profile so its involvement with dynamic compensation must be optimized by keeping the system voltage response within its pre decided range of performance.

24 Cites in Articles

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Nitin Kumar Saxena. 2017. \u201cCost Optimization Depending on Load Compositions in Isolated Wind Diesel Based Multi Units System\u201d. Global Journal of Research in Engineering - F: Electrical & Electronic GJRE-F Volume 17 (GJRE Volume 17 Issue F4): .

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Issue Cover
GJRE Volume 17 Issue F4
Pg. 107- 114
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Crossref Journal DOI 10.17406/gjre

Print ISSN 0975-5861

e-ISSN 2249-4596

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GJRE-F Classification: FOR Code: 090699
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Issue date

September 11, 2017

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English

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Public Private Partners (PPPs) have to be competitive in electricity market by deciding economic tariffs not only for power consumption but for several ancillary services too. The procurement of reactive power, as an ancillary service for voltage control especially in isolated power systems, involves cost investment and thus needs to be remunerated. The reactive power demands for different load compositions are different so their remuneration rates must also be different. Role of static compensation along with dynamic compensation becomes important in reducing the overall compensation cost. Since the participation of static compensator degrades the voltage profile so its involvement with dynamic compensation must be optimized by keeping the system voltage response within its pre decided range of performance.

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Cost Optimization Depending on Load Compositions in Isolated Wind Diesel Based Multi Units System

Nitin Kumar Saxena
Nitin Kumar Saxena
Ashwani Kumar
Ashwani Kumar

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