Congestion Management in Electricity Markets Using Demand Response Programs and Series FACTS Devices
In today’s restructured environment, congestion management plays an essential role in power system operation. Different methods are presented and discussed in this respect for congestion management in short-term and long-term intervals. It is attempted in the present paper to investigate the impact mechanism of FACTS devices and demand response programs together with generation re-dispatch as some facilities from transmission, consumption and generation sides on short-term congestion management of electricity market. For this purpose, Thyristor controlled Series Capacitor (TCSC) representing series FACTS devices and Direct Load Control (DLC) program representing demand response programs in day-ahead power pool market are mathematically modeled and results will be numerically studied and analyzed on the 14-bus IEEE test system.
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