Tatic Compensator Statcom News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The possible existence of ‘economy of scale’ in manufacturing poor power quality (PQ) mitigation devices motivates customers to participate in a common mitigation solution. A custom power park (CPP) is an option where the CPP operator offers a set of custom solutions to a group of customers. Given that these custom solutions comprise one or many custom power devices, both CPP operators and the customers are expected to coordinate to obtain individual mitigation device ratings while maximizing the overall utility of customers. Here, CPP operators would calculate ratings of custom solutions and associated unit cost for the minimal total cost, while the customers are expected to select custom solutions to maximize their overall benefit. Furthermore, the customers utilize their willingness-to-pay function in this process and strictly participate in this arrangement if the utility received is more than their self-generated non-negative utility. Without the CPP operator, customers would ....

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