Optimal location of TCSC for congestion management in deregulated electricity market
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anhvt@hcmute.edu.vnKeywords:
Electricity market, Congestion, TCSC, FACTS, Min cut algorithmAbstract
The growing demand for electricity in a competitive electricity supplying market has caused transmission lines to be congested. Congestion leads to increasing total generation costs and effects directly market transactions and electricity prices. Hence, congestion man,agement is one of the technical challenges for Independent System Operator (ISO). Thyristor controlled series compensators (TCSC), with its ability to directly control the power flow can enhance transfer capability of the network and eliminate congestion. This paper describes an approach of minimum cut for determining the most suitable locations for installing TCSC devices in order to avoid line overloads and minimize generation costs. Simulation result on IEEE 14-bus system shows that the proposed method is capable of finding the best locations for TCSC installation to minimize total costs.
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