Title

Small Test Systems for Power System Economic Studies

Abstract

This paper presents two small test systems for power system economic studies. The first system is based on the original PJM 5-bus system, which contains data related to real power only, because it demonstrates results based on the linearized DC optimal power flow (OPF) model. This paper suggests some modification to the original data, as well as new parameters related to reactive power such that AC-model-based simulation is possible. The second system is based on the original IEEE 30-bus system, which is an AC system, but it does not have economic data such as generation costs and transmission network limits. This paper suggests some reasonable values for generation costs and transmission limits. For both systems, economic studies based on LMP methodology are given for benchmark purposes.

Meeting Name

IEEE Power and Energy Society General Meeting (2010: Jul. 25-29, Providence, RI)

Department(s)

Electrical and Computer Engineering

Keywords and Phrases

ACOPF; DCOPF; Energy Market; LMP; Power Markets; Commerce; Computer Simulation; Electric Load Flow; DC Power Transmission; Power Market

International Standard Book Number (ISBN)

9781424483570

International Standard Serial Number (ISSN)

1944-9925, 1932-5517

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2010 Institute of Electrical and Electronics Engineers (IEEE), All rights reserved.

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