Congestion management solution under secure bilateral transactions in hybrid electricity market for hydro-thermal combination
A generation rescheduling based congestion management approach has been proposed for hybrid (pool+bilateral) market. The secure bilateral transactions between GENCOS and DISCOS have been modeled by obtaining GD matrix. The hydro units with least start up time have been modeled for congestion management which reduces the cost of congestion. An optimal power flow modeling helps in keeping the voltage and MVA values within limits after congestion management.
congestion bilateral transaction rescheduling hybrid market