Innovative Systems Design and Engineering www.
iiste.
org
ISSN 2222-1727 (Paper) ISSN 2222-2871 (Online)
Vol 3, No 3, 2012
77
Determination of Spot Price and Optimal Power Flow in
Deregulated Power System
Sunil Kumar Chava1*
Dr.
Subramanyam PS2
Dr....
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Innovative Systems Design and Engineering www.
iiste.
org
ISSN 2222-1727 (Paper) ISSN 2222-2871 (Online)
Vol 3, No 3, 2012
77
Determination of Spot Price and Optimal Power Flow in
Deregulated Power System
Sunil Kumar Chava1*
Dr.
Subramanyam PS2
Dr.
Amarnath Jinka3
1.
CVR College of Engineering, Mangalpalli, Ibrahimpatnam, R.
R.
District, Andhra Pradesh, India
2.
Vignan Bharathi Institute Technology, Ghatkesar, R.
R.
District, Andhra Pradesh, India
3.
JNTU College of Engineering, Kukatpally, Hyderabad, Andhra Pradesh, India
* E-mail of the corresponding author: ursunil25@gmail.
com
Abstract
In this paper, determinations of spot price with optimal power flow and important factors that may affect
generating companies’ profit margins through wholesale electricity trading are discussed.
These factors
include spot price, generators’ efficiencies and capabilities, types of generators owned, fuel costs,
transmission losses and settling price variation.
It demonstrates how proper analy
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