Congestion Management in Deregulated Electricity Power Market using STATCOM and TCSC
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Abstract
In last few years the electrical industry is deregulating all over the places. Deregulation has brought many changes in organization and operation of power industry. This deregulation increases competition among power utility and allows the customer to choose their supplier of electricity. Number of participant will increase in the competitive market of power industry and all the participant will try to get supply at low cost sources. After deregulation of power market, congestion in electric grid is quite often. So, it is very important to relieve problem of congestion. Problem of congestion, frequently occur in transmission system and distribution system. This paper proposes FACTS devices to relieve from congestion. FACTS devices will efficiently control the power flow. Modelling, simulation and analysis of 5 bus system using MATLAB is explained in this paper. Comparison with and without STATCOM and TCSC is done to control the power flow and result is obtained.
Keywords:congestion;deregulation; power market; STATCOM; TCSC
Keywords:congestion;deregulation; power market; STATCOM; TCSC
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