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Quantifying the potential impacts of flexibility reserve on power system operations

  • National Renewable Energy Laboratory
  • Electric Power Research Institute (EPRI)

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

14 Citations (Scopus)

Abstract

Power system operators schedule additional capacity above or below the amount required to meet the expected demand at any time interval to ensure reliable operation. This excess capacity is known as operating reserve. This reserve helps protect against the inherent variability and uncertainty found in the system. As more variable generation resources are connected to the system, the amount of variability and uncertainty is expected to increase. To hedge against this, new operating strategies are being explored. These strategies include developing additional ancillary services and modifying scheduling strategies. This paper presents the results of simulating an additional operating reserve product, referred to as 'flexibility reserve,' on the IEEE 118-bus test system, and it presents the operational implications on costs, reliability, and pricing that this additional operating reserve may produce.

Original languageEnglish
Title of host publicationProceedings - 2015 7th Annual IEEE Green Technologies Conference, GREENTECH 2015
PublisherIEEE Computer Society
Pages66-73
Number of pages8
ISBN (Electronic)9781479988846
DOIs
Publication statusPublished - 2 Jul 2015
Externally publishedYes
Event7th Annual IEEE Green Technologies Conference, GREENTECH 2015 - New Orleans, United States
Duration: 15 Apr 201517 Apr 2015

Publication series

NameIEEE Green Technologies Conference
Volume2015-July
ISSN (Electronic)2166-5478

Conference

Conference7th Annual IEEE Green Technologies Conference, GREENTECH 2015
Country/TerritoryUnited States
CityNew Orleans
Period15/04/1517/04/15

Keywords

  • Automatic generation control
  • Economic dispatch
  • Flexibility reserves
  • Mixed integer programming
  • Unit commitment
  • Variable generation

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