Loading...

Voltage regulation in private environments: opportunity or threat

Gharebaghi, S ; Sharif University of Technology | 2017

491 Viewed
  1. Type of Document: Article
  2. DOI: 10.1109/TPWRD.2017.2722233
  3. Publisher: Institute of Electrical and Electronics Engineers Inc , 2017
  4. Abstract:
  5. Historically, the general target of affecting demand via voltage regulation was conservation, i.e., reducing peak demand and/or accumulated energy. In private environments however, profit maximization may take place of conservation, regardless of the social welfare and consumers' costs. This letter aims at highlighting the effectiveness of voltage regulation as a measure to maximize utilities' profit. The new strategy can indeliberately cause more payments for customers. The letter simulates different cases which reveal importance of the role regulatory bodies have to play to prevent unethical actions in private environments. IEEE
  6. Keywords:
  7. Companies ; Conservation voltage reduction ; Distribution system ; Electric utility ; Mathematical model ; Minimization ; Power industry ; Substations ; Voltage control ; voltage regulation ; Electric power system control ; Electric substations ; Electric utilities ; Industry ; Mathematical models ; Optimization ; Profitability ; Reactive power ; Voltage regulators ; Conservation voltage reductions ; Distribution systems ; Peak demand ; Profit maximization ; Regulatory bodies ; Social welfare ; Unethical actions ; Electric power distribution
  8. Source: IEEE Transactions on Power Delivery ; 2017 ; 08858977 (ISSN)
  9. URL: https://ieeexplore.ieee.org/document/7964704