Real-time control of power systems using nodal prices

A. Jokic; M. Lazar; P.P.J. Bosch, van den

doi:10.1016/j.ijepes.2009.03.034

Real-time control of power systems using nodal prices

A. Jokic, M. Lazar, P.P.J. Bosch, van den

Research output: Contribution to journal › Article › Academic › peer-review

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Abstract

This article presents a novel control scheme for achieving optimal power balancing and congestion management in electrical power systems via nodal prices. We develop a dynamic controller that guarantees economically optimal steady-state operation while respecting all line flow constraints in steady-state. A benchmark example illustrates the effectiveness of the proposed control scheme.

Original language	English
Pages (from-to)	522-530
Number of pages	9
Journal	International Journal of Electrical Power and Energy Systems
Volume	31
Issue number	9
DOIs	https://doi.org/10.1016/j.ijepes.2009.03.034
Publication status	Published - 2009

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10.1016/j.ijepes.2009.03.034

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title = "Real-time control of power systems using nodal prices",

abstract = "This article presents a novel control scheme for achieving optimal power balancing and congestion management in electrical power systems via nodal prices. We develop a dynamic controller that guarantees economically optimal steady-state operation while respecting all line flow constraints in steady-state. A benchmark example illustrates the effectiveness of the proposed control scheme.",

author = "A. Jokic and M. Lazar and {Bosch, van den}, P.P.J.",

year = "2009",

doi = "10.1016/j.ijepes.2009.03.034",

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AU - Jokic, A.

AU - Lazar, M.

AU - Bosch, van den, P.P.J.

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Y1 - 2009

N2 - This article presents a novel control scheme for achieving optimal power balancing and congestion management in electrical power systems via nodal prices. We develop a dynamic controller that guarantees economically optimal steady-state operation while respecting all line flow constraints in steady-state. A benchmark example illustrates the effectiveness of the proposed control scheme.

AB - This article presents a novel control scheme for achieving optimal power balancing and congestion management in electrical power systems via nodal prices. We develop a dynamic controller that guarantees economically optimal steady-state operation while respecting all line flow constraints in steady-state. A benchmark example illustrates the effectiveness of the proposed control scheme.

U2 - 10.1016/j.ijepes.2009.03.034

DO - 10.1016/j.ijepes.2009.03.034

M3 - Article

SN - 0142-0615

VL - 31

SP - 522

EP - 530

JO - International Journal of Electrical Power and Energy Systems

JF - International Journal of Electrical Power and Energy Systems

IS - 9

ER -

Real-time control of power systems using nodal prices

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