Efficient Demand Centric Power Generation and Distribution Model for Improved Market Gain in Power Distribution Grids

Assistant Professor, Department of Electrical, Kalinga University, Naya Raipur, Chhattisgarh, India .

^* Corresponding Author: ku.raviprakashmahobia@kalingauniversity.ac.in

Abstract

The market gain of power grids is well studied and there exist various models to maximize the market gain of power distribution systems. However, the methods suffer to achieve higher performance in maximizing the market gain of power grids. Towards this, an efficient Demand Centric Power Generation Model (DCPGM) is presented in this article. The method maintains the traces of various power grids which have the capacity of grid in producing required voltage. The model focused on reducing the voltage loss and increasing the market gain of the power grids. To perform this, the method monitors the power demand at each cycle and maintains the cost of various power grids. According to the requirement and the cost of purchase, the method identifies set of grids and computes Market Gain Factor (MGF). Based on the MGF value, the method identifies set of grids and triggers them for power production. The rest of the grid units are triggered to silent mode. The proposed model improves the performance of power generation with higher market gain.