Reactive power pricing: A conceptual framework for remuneration and charging procedures

Citation
Jb. Gil et al., Reactive power pricing: A conceptual framework for remuneration and charging procedures, IEEE POW SY, 15(2), 2000, pp. 483-489
Citations number
12
Language
INGLESE
art.tipo
Article
Categorie Soggetti
Eletrical & Eletronics Engineeing
Journal title
IEEE TRANSACTIONS ON POWER SYSTEMS
ISSN journal
0885-8950 → ACNP
Volume
15
Issue
2
Year of publication
2000
Pages
483 - 489
Database
ISI
SICI code
0885-8950(200005)15:2<483:RPPACF>2.0.ZU;2-V
Abstract
A new electrical sector regulation is being implemented in different countr ies all over the world. The new regulation stresses the role of competitive markets for the procurement and remuneration of ancillary services. Among these services stand the ones associated with reactive power supply and tra nsmission network voltage control in order to maintain the required system security levels. The object of this paper is twofold. On one hand, reactive power supply and voltage control services, which today are bundled, are decomposed in two t ypes: (i) voltage profile management and reactive dispatch and (ii) voltage regulation, A theoretical approach based on marginal pricing is proposed i n order to clarify the principles to remunerate the suppliers and to charge the consumers of these services. On the other hand, a practical organizati on of reactive supply and voltage service markets is presented to be implem ented in a competitive environment.