Study on reserve problem in power market

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Scopus citations

Abstract

This paper suggests an integral framework of reserve market including the structure and operation mode. The proposed reserve market is cleared according to reserve category hour by hour. The mathematical models of reserve market clearing are given in detail. The objective function is maximizing social benefit. The constraints include reliability requirement, the least reserve capacity for each area, the constraints of ramp speed, etc. The numerical example of a real system illustrates that the mathematical model of reserve market can get the maximum benefit of the reserve and satisfy the reliability needs of the system. Both speed and precision of the simulation can meet the requirements in application.

Original languageEnglish
Title of host publicationPowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages2418-2422
Number of pages5
ISBN (Electronic)0780374592, 9780780374591
DOIs
StatePublished - 2002
EventInternational Conference on Power System Technology, PowerCon 2002 - Kunming, China
Duration: 13 Oct 200217 Oct 2002

Publication series

NamePowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings
Volume4

Conference

ConferenceInternational Conference on Power System Technology, PowerCon 2002
Country/TerritoryChina
CityKunming
Period13/10/0217/10/02

Keywords

  • Benefit analysis
  • Power Market
  • Reserve Capacity

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