In this paper a joint energy and reserve market with transmission switching considering dynamic constraints has been proposed to minimize the cost of supplying load, reliability expenses and avoidance of transient instability in line switching.
Transmission switching i More
In this paper a joint energy and reserve market with transmission switching considering dynamic constraints has been proposed to minimize the cost of supplying load, reliability expenses and avoidance of transient instability in line switching.
Transmission switching is used during contingencies and steady state to determine optimal required energy and reserve values. To investigate the efficiency of the proposed strategy IEEE 14 bus test is studied. According to the obtained results, this strategy decreases energy and reserve marginal prices, as well as reliability cost.
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