39 bus New England Test System which is having
10 generators and 29 load buses. The data for 39 bus New England system has taken from ref [16]. In the proposed method violation on line 15-16 has been created due to the 14-34 line outages in the system.
In this presented approach 50MW of wind power is connected based on the BSF value. It has been found from the reference paper [14] that the investment cost of wind power generator (for 1 MW capacity) is 3.75 $/hr (approx.). So for 50MW wind power cost 187.50 $/hr has been added to the bidding optimal cost of wind power condition. Two most sensitive bus i.e one positive and one negative bus have been selected for analyzing the proposed
method. …show more content…
LMP is found minimum with the presence of wind farm in the case double auction bidding compared to single auction bidding. Sequential Quadratic pro-gramming (SQP) is used for implementing the pro-posed method and it is applied on modified 39 bus
New England test systems. It is observed that fuel cost and losses are minimum in double auction bid-ding with the presence of wind farm compared to that of single auction bidding with the presence of wind farm for mitigation the transmission