LMP Congestion Management Using Enhanced STF-LODF in Deregulated Power System

Abstract

Nowadays electricity market industry is become a major impact on power system for privatization and deregulation of power in global wise. As per the limitation of the transmission system, the complexity arises and the supply fact will be with demand at the time of balancing. The congestion of the power system is occurring based on the transmission limits of the power desire and amount for operating the system. In order to avoid transmission line congestion, enhanced STF-LODF method is proposed. It shows the regulated line transmission flow with generating units by implementing renewable energy resources (RER) based on enhanced STF-LODF in power systems. It avoids the congestion of transmission line frequently in the power system and manages price based on pricing and sensitivity approach, and also manages optimal location of congestion transmission and instability issues of voltage. The congestion management of Locational Marginal Pricing (LMP) is performed with minimum line loss, less cost, line flow, better sensitivity and better performances in optimal power flow and control flow. The efficiency of the proposed power system is analyzed and verified by the simulation results of tested IEEE 14 bus system.