TY - GEN
T1 - Quantifying the potential impacts of flexibility reserve on power system operations
AU - Krad, Ibrahim
AU - Ibanez, Eduardo
AU - Ela, Erik
N1 - Publisher Copyright:
© 2015 IEEE.
PY - 2015/7/2
Y1 - 2015/7/2
N2 - 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.
AB - 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.
KW - Automatic generation control
KW - Economic dispatch
KW - Flexibility reserves
KW - Mixed integer programming
KW - Unit commitment
KW - Variable generation
UR - https://www.scopus.com/pages/publications/84938843548
U2 - 10.1109/GREENTECH.2015.16
DO - 10.1109/GREENTECH.2015.16
M3 - Conference contribution
AN - SCOPUS:84938843548
T3 - IEEE Green Technologies Conference
SP - 66
EP - 73
BT - Proceedings - 2015 7th Annual IEEE Green Technologies Conference, GREENTECH 2015
PB - IEEE Computer Society
T2 - 7th Annual IEEE Green Technologies Conference, GREENTECH 2015
Y2 - 15 April 2015 through 17 April 2015
ER -