A contingency-based security-constrained optimal power flow model for revealing the marginal cost of a blackout risk-equalizing policy in the colombian electricity …

JM López-Lezama, CE Murillo-Sanchez… - 2006 IEEE/PES …, 2006 - ieeexplore.ieee.org
JM López-Lezama, CE Murillo-Sanchez, LJ Zuluaga, JF Gutiérrez-Gómez
2006 IEEE/PES Transmission & Distribution Conference and …, 2006ieeexplore.ieee.org
This paper presents a new methodology to solve the dispatch problem in the Colombian
electricity market. The proposed methodology is based on the use of coupled
postcontingency Optimal Power Flows with additional linear constraints to include reliability
criteria. The main contribution of this paper is the solution of the Colombian dispatch
problem in one stage, which provides actual nodal prices and reveals the marginal price of a
blackout-risk equalizing policy in the Colombian electricity market.
This paper presents a new methodology to solve the dispatch problem in the Colombian electricity market. The proposed methodology is based on the use of coupled postcontingency Optimal Power Flows with additional linear constraints to include reliability criteria. The main contribution of this paper is the solution of the Colombian dispatch problem in one stage, which provides actual nodal prices and reveals the marginal price of a blackout-risk equalizing policy in the Colombian electricity market.
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