OPF framework for congestion management in deregulated environments using differential evolution

One of the most challenging operational aspects in restructured systems with open transmission access is the congestion management of the grid. With the trend of an increasing number of bilateral and multilateral contracts submitted to the independent system operator (ISO), the possibility of insufficient resources in the transmission system may be unavoidable. In this work, we use an evolutionary computation technique known as differential evolution (DE), as an optimization tool for solving various congested scenarios, including pool, bilateral and multilateral transactions; as well as to estimate how the optimization process is affected by the economic valuation of those transactions.

[1]  J. Lampinen A constraint handling approach for the differential evolution algorithm , 2002, Proceedings of the 2002 Congress on Evolutionary Computation. CEC'02 (Cat. No.02TH8600).

[2]  A. Vojdani,et al.  Transmission dispatch and congestion management in the emerging energy market structures , 1998 .

[3]  A. David,et al.  Optimal dispatch under transmission contracts , 1999 .

[4]  A. David,et al.  Transmission congestion management in an electricity market , 1999 .

[5]  K. V. Price,et al.  Differential evolution: a fast and simple numerical optimizer , 1996, Proceedings of North American Fuzzy Information Processing.

[6]  Federico Milano,et al.  Transmission Congestion Management and Pricing in Simple Auction Electricity Markets , 2004 .

[7]  A. Nayak Congestion management in restructured power systems using optimal power flow framework , 2001 .

[8]  Zuyi Li,et al.  Market Operations in Electric Power Systems : Forecasting, Scheduling, and Risk Management , 2002 .

[9]  S. C. Srivastava,et al.  Optimal power dispatch in deregulated market considering congestion management , 2000, DRPT2000. International Conference on Electric Utility Deregulation and Restructuring and Power Technologies. Proceedings (Cat. No.00EX382).

[10]  A. K. David,et al.  Dispatch methodologies for open access transmission systems , 1998 .

[11]  Fushuan Wen,et al.  A survey of applications of evolutionary computing to power systems , 1996, Proceedings of International Conference on Intelligent System Application to Power Systems.