Geetha Natarajan and Perumal Renuga


  1. [1] M. Shahidepour and M. Alomoush, Restructured electricalpower systems, operation, trading, and volatility (New York:Marcel Dekker Inc., 2001).
  2. [2] G. Hamoud, Feasibility assessment of simultaneous bilateraltransactions in a deregulated environment, IEEE Transactionson Power Systems, 15 (1), 2000, 22–26.
  3. [3] G. Hamoud, Impact of non-utility power transactions on re-liability and operating cost of power systems, CIGRE SympImpact of Open Trading on Power Systems, France, 1997.
  4. [4] J.W.M. Cheng, F.D. Galiana, and D.T. McGills, Studiesof bilateral contracts with respect to steady state securityin a deregulated environment, IEEE Transactions on PowerSystems, 13 (3), 1998, 1020–1025.
  5. [5] F.D. Galiana and M. Ilic, A mathematical framework for theanalysis and management of power transactions under openaccess, IEEE Transactions on Power Systems, 13 (2), 1998,681–687.
  6. [6] A. Kumar and W. Gao, Pattern of secure bilateral transactionsensuring power economic dispatch in hybrid electricity markets,Applied Energy, 86, 2009, 1000–1010.
  7. [7] R.W. Ferrero, M. Shahidepour, and V.C. Ramesh, Transactionanalysis in deregulated power systems using game theory, IEEETransactions on Power Systems, 12 (3), 1997, 1340–1347.
  8. [8] J.W.M. Cheng, D.T. McGills, and F.D. Galiana, Probabilisticsecurity analysis of bilateral transactions in a deregulatedenvironment, IEEE Transactions on Power Systems, 14 (3),1999, 1153–1159.
  9. [9] F.D. Galiana, I. Kockar, and P.C. Franco, Combined pool/bilateral dispatch – Part I: performance of trading strategies,IEEE Transactions on Power Systems, 17 (1), 2002, 92–99.
  10. [10] A.K. David, Reconciling pool and contract dispatch in openaccess transmission operations, IEE Proceedings GenerationTransmission distribution, 145 (4), 1998.
  11. [11] J. Liu, Y. Song, and P. Mehta, Strategies for handling UPFCconstraints in steady-state power flow and voltage control,IEEE Transactions on Power Systems, 15, 2000, 566–571.
  12. [12] N. Li, Y. Xu, and H. Chen, FACTS-based power flow control ininterconnected power systems, IEEE Transactions on PowerSystems, 15, 2000, 257–262.
  13. [13] A. Kumar and S. Chanana, New secure bilateral transactionmatrix determination and study of pattern under contingenciesand UPFC in competitive hybrid electricity markets, Interna-tional Journal of Electrical Power and Energy Systems, 31 (1),2009, 23–33.
  14. [14] S. Chanana, New secure bilateral transaction matrix using ACdistribution factors with slack bus contribution and impact ofTCPAR on its pattern, Power Engineering Society GeneralMeeting, 2007, 24–28.
  15. [15] A.K. Sharma, New secure bilateral transaction matrix deter-mination using AC distribution factors and impact of TCPARand TCSC on its pattern, Electric Power Components andSystems, 35 (8), 2007, 921–943.
  16. [16] B. Stott, J. Jordim, and O. Alsac, DC power flow revisited,IEEE Transactions on Power Systems, 24 (3), 2009, 1290–1300.
  17. [17] E. Litvinov, Power system and LMP fundamentals, ISONew England Inc., 2003, [Online], Available:, Power_System_and_LMP_FTR_Fund_EL0519_Lap.pdf.
  18. [18] A.J. Wood and B.F. Wollenberg, Power generation, operationand control (New York: Wiley, 1996).
  19. [19] N. Geetha and P. Renuga, Computation of secure bilateraltransactions in competitive power market using linear program-ming approach, Int. Conf. Recent Advancements in Electricalsciences, ICRAES10, KSREC(TN), India, 8–9 Jan 2010.
  20. [20] N. Metropolis and S. Ulam, The Monte Carlo method, Journalof the American Statistical Association, 44 (247), 1949, 335–341.
  21. [21] M.I. Alomoush, Derivation of UPFC DC load flow modelwith examples of its use in restructured power systems, IEEETransactions on Power Systems, 18 (3), 2003, 1173–1180.

Important Links:

Go Back