The paper proposes an optimization strategy that focuses on the Unified Power Flow Controller (UPFC) location intending. It reduces the congestion in a deregulated network. The suggested optimization technique is based on the Real Power Location Price Factor (RPLPF), which determines the ideal position for the UPFC within the system. The study demonstrates the use and benefits of this strategy by introducing the idea of Locational Marginal Pricing (LMP) and considering the UPFC's preferred location. The prime motto of the work is to reduce the complete pricing of the UPFC-added power system, which includes both generation and installation costs, while also optimizing benefits for customers by reducing system congestion. Furthermore, the work uses MATPOWER to formulate the Optimal Power Flow (OPF) and illustrates how integrating the UPFC helps to reduce total generating costs and spot prices. The work has been performed in IEEE 14 and 118 bus test systems.


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    Title :

    A Real Power Location Price-Based Method for Congestion Reduction by Optimal Operation of UPFC


    Contributors:


    Publication date :

    2024-07-31


    Size :

    677248 byte




    Type of media :

    Conference paper


    Type of material :

    Electronic Resource


    Language :

    English