The development of new policies favoring integration of renewable energy into the grid has created a need to relook at our existing infrastructure resources and at the way the power system is currently operated. Also, the needs of electric energy markets and transmission/generation expansion planning has created a niche for development of new computationally efficient and yet reliable, simple and robust power flow tools for such studies. The so called dc power flow algorithm is an important power flow tool currently in use. However, the accuracy and performance of dc power flow results is highly variable due to the various formulations which are in use. This has thus intensified the interest of researchers in coming up with better equivalent dc models that can closely match the performance of ac power flow solution.

This thesis involves the development of novel hot start dc model using a power transfer distribution factors (PTDFs) approach. This document also discusses the problems of ill-conditioning / rank deficiency encountered while deriving this model. This model is then compared to several dc power flow models using the IEEE 118-bus system and ERCOT interconnection both as the base case ac solution and during single-line outage contingency analysis. The proposed model matches the base case ac solution better than contemporary dc power flow models used in the industry.