Thesiss

Restructuring has brought tremendous changes to the electricity industry throughout the world. In many electricity markets in operation today, an independent system operator (ISO) plays a very important role of ensuring the economics and security of power system operation. Decis…

The research work presented in this thesis proposes the incorporation of the reactive power market into the day-ahead electricity market in order to compensate generation companies (GENCOs) and independent power producers (IPPs) for providing any additional reactive power suppor…