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Enhanced Flexible Ramping Product Formulation for Alleviating Capacity Shortage in Look-ahead Commitment
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作者 Hyeongon Park Bing Huang Ross Baldick 《Journal of Modern Power Systems and Clean Energy》 SCIE EI CSCD 2022年第4期850-860,共11页
The roll-out of a flexible ramping product provides independent system operators(ISOs)with the ability to address the issues of ramping capacity shortage.ISOs procure flexible ramping capability by committing more gen... The roll-out of a flexible ramping product provides independent system operators(ISOs)with the ability to address the issues of ramping capacity shortage.ISOs procure flexible ramping capability by committing more generating units or reserving a certain amount of headrooms of committed units.In this paper,we raise the concern of the possibility that the procured flexible ramping capability cannot be deployed in realtime operations due to the unit shut-down in a look-ahead commitment(LAC)procedure.As a solution to the issues of ramping capacity shortage,we provide a modified ramping product formulation designed to improve the reliability and reduce the expected operating cost.The trajectories of start-up and shutdown processes are also considered in determining the ramping capability.A new optimization problem is formulated using mixed integer linear programming(MILP)to be readily applied to the practical power system operation.The performance of this proposed method is verified through simulations using a small-scale system and IEEE 118-bus system.The simulation results demonstrate that the proposed method can improve the generation scheduling by alleviating the ramping capacity shortages. 展开更多
关键词 flexible ramping product look-ahead commitment(LAC) mixed integer linear programming(MILP) reliability
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Stochastic Economic Dispatch Based Optimal Market Clearing Strategy Considering Flexible Ramping Products Under Wind Power Uncertainties
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作者 Haoyong Chen Jianping Huang +2 位作者 Zhenjia Lin Fanqi Huang Mengshi Li 《CSEE Journal of Power and Energy Systems》 SCIE EI 2024年第4期1525-1535,共11页
High penetration level of renewable energy has brought great challenges to operation of power systems,and use of flexible resources(FRs)is becoming increasingly important.Flexibility of power systems can be improved b... High penetration level of renewable energy has brought great challenges to operation of power systems,and use of flexible resources(FRs)is becoming increasingly important.Flexibility of power systems can be improved by changing generation arrangements,but the interests of some market participants may be harmed in the process.This study proposes a stochastic economic dispatch model with trading of flexible ramping products(FRPs).To calculate changes in revenue and reasonably compensate units that provide FRs,multisegmented marginal bidding for energy is simulated by linearizing generation cost,and an optimal market clearing strategy for FRPs is developed according to changes in clearing energy and marginal clearing price.Then,the correlation between prediction errors of wind speeds among different wind farms is determined based on a joint distribution function modeled by the copula function,and quasi-Monte Carlo simulation(QMC)is used to generate wind power scenarios.Finally,numerical simulations of modified IEEE-30 and IEEE-118 bus systems is performed with minimum comprehensive cost as the objective function.This verifies the proposed model could effectively deal with wind variability and uncertainty,stabilize the marginal clearing price of the electricity market,and ensure fairness in the market. 展开更多
关键词 flexible ramping product marginal clearing price risk cost stochastic economic dispatch wind power correlation
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