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Worldwide, the electric systems are changing their organization from a vertical integrated to a liberalized structure, more difficult to coordinate. In particular, in the new environment, several new "actors" are in competition to each other, and this requires a set of rules to manage in an efficient way the electric system together with the electric market, promoting the competition. For...
The deregulation of the electric systems requires the definition of market procedures for the effective management of reactive resources. However, the amount of payments for participating to the voltage regulation service is a task characterized by conflicting objectives, from both the technical and the economic viewpoints. The main subjects related with the reactive power management are: maintaining...
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