Congestion Management Approaches in Deregulated Electricity Market: A Comprehensive Review of Outcomes, Challenges and Opportunities

Abstract

The electricity sector across the world is experiencing a radical change in its business as well as in the operational model. Restructuring of electric supply industry is taking place at a faster rate and it has brought considerable changes .Various transformations have been done in power sector by which monopolistic electricity market is converted into deregulated power market. Congestion is principal problem that an independent system operator faces in the deregulated environment. Moreover, open access transmission network is one of the major causes for power congestion in transmission lines. Tackling transmission network congestion is a major challenge in post deregulated era. Congestion management is a central issue in electricity supply industry. This review work unites the various publications on congestion management in past few years.