Investigation on Active and Reactive Combined Spot Price Integrated with Wind Farm |
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Authors: | Zhi YangWu XianGuo Zhi HuiWu |
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Affiliation: | 1.Distribution Operation and Maintenance Department,Jiaxing Power Supply Burea of Zhejiang Province,Jiaxing 314000,China;2.East China Electric Power Design Institute of China Power Engineering Consulting Group,Shanghai 200063,China;3.Marketing Department,Jiaxing Power Supply Burea of Zhejiang Province,Jiaxing 314000,China |
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Abstract: | An active and reactive combined spot price model and the corresponding algorithm are introduced in this paper based on the theory of optimal power flow. Different from the traditional economic dispatch in the field of spot price, the objective function is to minimize generation costs based on pricing reactive power. Then considering the characteristics of wind turbines, processing methods of wind farms in optimal power flow is discussed. Finally, the feasibility of the model and the algorithm is verified through the simulation results of IEEE 30 system. |
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Keywords: | Optimal power flow MATLAB spot price wind farm |
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