Comparison of Economic Dispatch, OPF and Security Constrained-OPF in Power System Studies RN

Electricity network is a very complex entity that comprises several components like generators, transmission lines, loads among others. As technologies continue to evolve, the complexity of the electricity network has also increased as more devices are being connected to the network. To understand the physical laws governing the operation of the network, techniques such as optimal power flow (OPF), Economic dispatch (ED) and Security constrained optimal power flow (SCOPF) were developed. These techniques have been used extensively in network operation, planning and so on. However, an in-depth presentation showcasing the merits and demerits of these techniques is still lacking in the literature. Hence, this paper intends to fill this gap. In this paper, Economic dispatch, optimal power flow and security-constrained optimal power flow are applied to a 3-bus test system using a linear programming approach. The results of the ED, OPF and SC-OPF are compared and presented.

The Effective Enhancement of Power System Security by Flexible Transmission Line Impedance with Minimal Rescheduling of Generators

After the digital revolution, the power system security becomes an important issue and it urges the power producers to maintain a well secured system in order to supply a quality power to the end users. This paper presents an integrated Corrective Security Constrained Optimal Power Flow (CSCOPF) with Flexible Transmission Line Impedance (FTLI) to enhance the power system security. The corrective approach of SCOPF is chosen, because it allows the corrective equipment to bring back the system to a stable operating point and hence, it offers high flexibility and better economics. The concept of FTLI arises from the ability of FACTS devices such as Thyristor Controlled Series Capacitor (TCSC), which can vary the line reactance to a certain extent. An enhanced security can be achieved by incorporating FTLI into the CSCOPF problem, since the power flow in a system is highly dependent on the line reactance. FTLI based CSCOPF can reduce the amount of rescheduling of generators, but it will result in an increased number of variables and thus, the complexity to the optimization process is increased. This highly complex problem is solved by using nonlinear programming. The AC based OPF model is preferred, since the corrective security actions require highly accurate solutions. IEEE 30 bus system is used to test the proposed scheme and the results are compared with the traditional CSCOPF. It can be seen that the proposed idea provides a notable improvement in the reduction of cost incurred for restoring the system security.

An Assessment of Flexibility Reserves in Stochastic Modeling at Multiple Timescales

Due to recent technological achievements,stochastic optimization,which inherently captures the uncertainty of intermittent resources,is being used to capture the variability and uncertainty of wind and solar resources.However,due to persistent computational limitations,it is not practical to consider all possible variable generation scenarios.As a result,a reduced number of most likely scenarios is usually considered.While this helps reduce the computational burden,it also leaves the system operator vulnerable to some risk.In order to address this issue,this paper aims at providing insight into using an explicit reserve requirement in a stochastic modeling framework in order to provide system operators with greater confidence in stochastic dispatch solutions.This is accomplished by simulating a modified version of the IEEE 118 bus system in a fully stochastic,multi-timescale framework with flexibility reserve requirements.Results show that utilizing a stochastic flexibility reserve requirement within the stochastic modeling framework offers the most reliability benefit.