A PSO-based Approach to Determine the Market Clearing Price by Considering System Losses and Reactive Power Constraints in a Pool Market

The deregulation of electricity has led to significant transformations in the market structure and policies governing the industry. The primary responsibility of a power system operator in this market is to establish the Market Clearing Price (MCP). The MCP is established by evaluating the increment...

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Bibliographic Details

Published in:	E3S Web of Conferences
Main Authors:	Rani R Hannah Jessie, Gupta Sheryl, Chaudhary Pavan, Kulhar Kuldeep Singh
Format:	Article
Language:	English
Published:	EDP Sciences 2024-01-01
Subjects:	particle swarm optimization (pso) pool market market clearing price (mcp) inelastic optimal power flow (opf)
Online Access:	https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/70/e3sconf_icpes2024_10008.pdf