Co-Optimization of Output and Reserve with Significant Penetration of Renewables

Xue Fei Chang; Zhe Yong Piao; Xiang Yu Lv; De Xin Li

doi:10.4028/www.scientific.net/AMM.427-429.341

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 427-429Co-Optimization of Output and Reserve with...

Co-Optimization of Output and Reserve with Significant Penetration of Renewables

Abstract:

Co-optimization of output and reserve is necessary in order to provide maximum benefit to both consumers and producers. Once renewable generation sources like wind or solar begin to make up a large proportion of the generation mix, this co-optimization becomes much more difficult since the output of renewable sources is not well-known in advance. In this paper, a uniform reliability level is used as a constraint in the process of output and reserve. The proposed model is tested on the modified 5-bus PJM system. The co-optimization is performed by sequential quadratic programming techniques. The results show that the co-optimization results are strongly related to the uncertainties of wind power, the reliability level of the system, and the reliability of generators when wind makes up a significant portion of the generation mix.

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Periodical:

Applied Mechanics and Materials (Volumes 427-429)

Pages:

341-345

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.427-429.341

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Online since:

September 2013

Authors:

Xue Fei Chang*, Zhe Yong Piao, Xiang Yu Lv, De Xin Li

Keywords:

Co-Optimization, LMP, LSI, Output, Quadratic Programming, Renewables, Reserve

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