Simulation of deregulated electrical systems to set balancing reserve margins
Power System Technology, 2000. Proceedings. PowerCon 2000. International Conference(2000)
Abstract
In a deregulated electric system, ISO is always responsible for system reliability and security. For this purpose it must provide some system services and, primarily, an adequate amount of power for spinning reserve and of power and energy for balancing operations (nonspinning and replacement reserve). The number of sessions of the day-of spot market, when present, is strongly related to the power and energy for balancing operations and, consequently, to the real time market. In fact, after a load-frequency control process, the spinning reserve power margin must be restored in order to guarantee the assigned availability to the system; this is obtained by using the margins for balancing operations; this type of reserve can be restored only when the nearest session of day-of spot market becomes active. For this reason, the more frequent the day-of spot market is, the less there is the need for balancing reserve. The evaluation of the reserve can be carried out using probabilistic techniques; in this paper a simulation method, based on Monte Carlo technique, is described and a case study regarding a complex generating system is shown
MoreTranslated text
Key words
monte carlo methods,electricity supply industry,frequency control,load regulation,power generation control,power system reliability,power system security,power system simulation,probability,monte carlo technique,automatic generation control,balancing operations,balancing reserve margins setting,day-of spot market,deregulated electrical systems simulation,load-frequency control process,probabilistic techniques,real time market,simulation method,system reliability,system security,real time,reliability,spinning,energy management,economic forecasting,automation
AI Read Science
Must-Reading Tree
Example
![](https://originalfileserver.aminer.cn/sys/aminer/pubs/mrt_preview.jpeg)
Generate MRT to find the research sequence of this paper
Chat Paper
Summary is being generated by the instructions you defined