A unified management of congestions due to voltage instability and thermal overload

This paper proposes two approaches for a unified management of congestions due to voltage instability and thermal overload in a deregulated environment. Both techniques aim to remove, in some optimal manner, voltage and thermal congestions stemming from base case or post-contingency states, by a simultaneous handling of operating and security constraints with respect to several contingencies. The objective of the first approach is to adjust the market-based power injections (generator output and possibly load consumption) at the least cost while the second one aims at curtailing power transactions in a transparent and non-discriminatory way. These techniques rely on sensitivities which pinpoint the best remedial actions against congestions owing to voltage instability and thermal overload. Numerical results with both approaches are provided on a realistic 80-bus system model. (author)