Valuation of dynamic reactive power support services fortransmission access

摘要

Competitive procurement of reactive power support services isnrapidly becoming a reality for deregulated electricity markets. It hasnresulted in a great need to quantify the value of reactive power supportnfrom VAr sources. This paper presents research results on thendevelopment of new concepts and schemes for equitable reactive powernsupport valuation. Performance characteristics of the proposed methodnare determined and practical application issues are addressed. Thenvalidity of the method is verified through sensitivity studies. Thisnwork emphasizes that the valuation of reactive power support servicesnshould be based on their contributions to system security and stability.nThe dynamic VAr is the primary concern for the reactive power valuationnproblem