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A new multi-objective solution approach to solve transmission congestion management problem of energy markets

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  • Hosseini, Seyyed Ahmad
  • Amjady, Nima
  • Shafie-khah, Miadreza
  • Catalão, João P.S.

Abstract

Transmission congestion management plays a key role in deregulated energy markets. To correctly model and solve this problem, power system voltage and transient stability limits should be considered to avoid obtaining a vulnerable power system with low stability margins. Congestion management is modeled as a multi-objective optimization problem in this paper. The proposed scheme includes the cost of congestion management, voltage stability margin and transient stability margin as its multiple competing objectives. Moreover, a new effective Multi-objective Mathematical Programming (MMP) solution approach based on normalized normal constraint (NNC) method is presented to solve the multi-objective optimization problem of the congestion management, which can generate a well-distributed and efficient Pareto frontier. The proposed congestion management model and MMP solution approach are implemented on the New-England’s test system and the obtained results are compared with the results of several other congestion management methods. These comparisons verify the superiority of the proposed approach.

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  • Hosseini, Seyyed Ahmad & Amjady, Nima & Shafie-khah, Miadreza & Catalão, João P.S., 2016. "A new multi-objective solution approach to solve transmission congestion management problem of energy markets," Applied Energy, Elsevier, vol. 165(C), pages 462-471.
    • Handle: RePEc:eee:appene:v:165:y:2016:i:c:p:462-471
    DOI: 10.1016/j.apenergy.2015.12.101
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