EFFECT OF REACTIVE POWER LIMIT MODELING ON MAXIMUM SYSTEM LOADING AND ACTIVE AND REACTIVE POWER MARKETS.This paper presents a comparative investigation of various representations of reactive power limits in maximum loadability and active and reactive power market studies. Previously proposed optimal power flow (OPF) models for these types of analyses are first reviewed and briefly discussed. Different models for representing reactive power limits in these optimization problems are then presented, concentrating in particular on the proper modeling of the generators’ capability curves as terminal voltages change, which has been identified as a shortcoming of previous studies.
DOWNLOAD POWERPOINT