Social welfare improvement using market clearing mechanism of a wind farm‐CAES hybrid congested transmission system

The goal of any well-established deregulated power sector is to satisfy their customer by delivering the with maintaining best quality at a reasonable price. This paper presents impression wind farm (WF) and compressed air energy storage (CAES) hybrid systems in congested system. main motto this work enhance social welfare using market-clearing mechanism WFCAES To determine effect system, initially (MCPO) problem measured without considering WF-CAES then same has been carried out bus sensitivity factor (BSF) decides optimal position system day-ahead electrical study followed through generator (GSF) application artificial bee colony algorithm (ABC) slime mould (SMA) calculate market clearing price (MCP) volume (MCV). solved modified IEEE-30 test SMA implemented for first time which novelty paper.