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Development of a New Loss Prediction Method in a Deregulated Power Market using Proportional Sharing

HONG, TEE PING (2011) Development of a New Loss Prediction Method in a Deregulated Power Market using Proportional Sharing. Universiti Teknologi PETRONAS. (Unpublished)

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Abstract

The advent of worldwide deregulation of power industry and unbundling of transmission services have resulted in the need to measure the flow of power primarily for pricing and tariff purposes. Reliable analysis and prediction of electrical losses is therefore attracting more attention than ever for efficient power system management. This report first presents the background for deregulation energy power industry, comparing both traditional utility structure and the deregulated market model. Problems arise when new transmission loss allocation method is strictly needed for promoting fair competition in deregulated power market, which lead to the determination of the objectives and scope of study. Literature review is then done to discuss nodal pricing in current deregulated markets, which followed by discussion on several existing loss allocation methods. Then, the response of each individual generator in IEEE 24-bus RTS to change in demand and the corresponding associated losses are also presented in the result and discussion section. Corresponding losses to each bus using different loss allocation methods are then plotted for critical analysis. Eventually, the loss allocation method which provides better indicative measure to promote efficient network usage will be adopted for loss prediction. To date, a novel approach for the loss prediction has been developed for the deregulated power market with the insight from Euler's Method. The effectiveness of the proposed approach is demonstrated by visual comparison and strict statistical criterion and the results suggest that it proves to be astoundingly accurate for the prediction of system losses and the associated bus losses.· MATLAB with matpower4.0b extension was used to present the study on IEEE 24bus RTS and a larger IEEE 57bus test case.

Item Type: Final Year Project
Academic Subject : Academic Department - Electrical And Electronics - Pervasisve Systems - Digital Electronics - Prototyping
Subject: T Technology > TK Electrical engineering. Electronics Nuclear engineering
Divisions: Engineering > Electrical and Electronic
Depositing User: Users 2053 not found.
Date Deposited: 08 Nov 2013 11:41
Last Modified: 25 Jan 2017 09:42
URI: http://utpedia.utp.edu.my/id/eprint/10389

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