Integral Performance Criteria Based Analysis of Load Frequency Control in Bilateral Based Market

Performance index based analysis is made to examine and highlight the effective application of Particle Swarm Optimization (PSO) to optimize the Proportional Integral gains for Load Frequency Control (LFC) in a restructured power system that operates under Bilateral based policy scheme. Various Integral Performance Criteria measures are taken as fitness function in PSO and are compared using overshoot, settling time and frequency and tie-line power deviation following a step load perturbation (SLP). The motivation for using different fitness technique in PSO is to show the behavior of the controller for a wide range of system parameters and load changes. Error based analysis with parametric uncertainties and load changes are tested on a two-area restructured power system. The results of the proposed PSO based controller show the better performance compared to the classical Ziegler-Nichols (Z-N) tuned PI and Fuzzy Rule based PI controller.

Hybrid Fuzzy Controller Based Frequency Regulation in Restructured Power System

This paper discusses the implementation of Load Frequency Control (LFC) in restructured power system using Hybrid Fuzzy controller. The formulation of LFC in open energy market is much more challenging;hence it needs an intelligent controller to adapt the changes imposed by the dynamics of restructured bilateral contracts. Fuzzy Logic Control deals well with uncertainty and indistinctness while Particle Swarm Optimization (PSO) is a well-known optimization tool. Abovementioned techniques are combined and called as Hybrid Fuzzy to improve the dynamic performance of the system. Frequency control of restructured system has been achieved by automatic Membership Function (MF) tuned fuzzy logic controller. The parameters defining membership function has been tuned and updated from time to time using Particle Swarm Optimization (PSO). The robustness of the proposed hybrid fuzzy controller has been compared with conventional fuzzy logic controller using performance measures like overshoot and settling time following a step load perturbation. The motivation for using membership function tuning using PSO is to show the behavior of the controller for a wide range of system parameters and load changes. Error based analysis with parametric uncertainties and load changes is tested on a two-area restructured power system.

Demand response based congestion management in a mix of pool and bilateral electricity market model

The independent system operator （ISO） is a key element in the deregulated structure with one of the responsibilities of transmission congestion management （CM）. The ISO opts market based solutions to manage congestion receiving bids from generation companies （GENCOs） as well as distribution companies （DISCOMs） to reschedule their generation and relocate demand. The nodal prices increases during the congestion hours and the demand response to nodal prices will be an effective tool for the control of congestion. In this paper, demand response-based CM has been proposed for a mix of pool and bilateral electricity market model. The linear bid curves have been considered for demand bids to respond to the congestion in the network. The bilateral demand has been obtained with minimum deviations in their preferred schedule. The impact of flexible alternating current transmission system （FACTS） devices viz static var compensator （SVC） and thyristor controlled series compensator （TCSC） has also been considered for demand management during congestion. Multi-line congestion cases have been considered to study the impact on demand response without and with FACTS devices. The proposed approach has been tested on the IEEE 24 bus test system.

Dual Interval Optimization Based Trading Strategy for ESCO in Day-ahead Market with Bilateral Contracts

Being capable of aggregating multiple energy resources, the energy service company(ESCO) has been regarded as a promising alternative for improving power system flexibility and facilitating the consumption of renewable resources in the electricity market. Considering the uncertain variables in day-ahead(DA) market trading, an ESCO can hardly determine their accurate probability distribution functions. Traditional interval optimization methods are used to process these uncertain variables without specific probability distribution functions.However, the lower and upper bounds of the intervals may change due to extreme weather conditions and other emergent events. Hence, a dual interval optimization based trading strategy(DIOTS) for ESCO in a DA market with bilateral contracts(BCs) is proposed. First, we transfer the dual interval optimization model into a simple model consisting of several interval optimization models. Then, a pessimistic preference ordering method is applied to solve the derived model. Case studies illustrating an actual test system corroborate the validity and the robustness of the proposed model, and also reveal that ECSO is critical in improving power system flexibility and facilitating the ability of absorbing renewable resources.