Study on reserve problem in power market

Jianxue Wang; Xifan Wang; Yonghua Song; Zhangxian

doi:10.1109/ICPST.2002.1047219

Study on reserve problem in power market

Jianxue Wang
, Xifan Wang
, Yonghua Song
, Zhangxian

School of Electrical Engineering

Xi'an Jiaotong University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-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 language	English
Title of host publication	PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	2418-2422
Number of pages	5
ISBN (Electronic)	0780374592, 9780780374591
DOIs	https://doi.org/10.1109/ICPST.2002.1047219
State	Published - 2002
Event	International Conference on Power System Technology, PowerCon 2002 - Kunming, China Duration: 13 Oct 2002 → 17 Oct 2002

Publication series

Name	PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings
Volume	4

Conference

Conference	International Conference on Power System Technology, PowerCon 2002
Country/Territory	China
City	Kunming
Period	13/10/02 → 17/10/02

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Benefit analysis
Power Market
Reserve Capacity

Access to Document

10.1109/ICPST.2002.1047219

Cite this

Wang, J., Wang, X., Song, Y., & Zhangxian (2002). Study on reserve problem in power market. In PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings (pp. 2418-2422). Article 1047219 (PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings; Vol. 4). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICPST.2002.1047219

@inproceedings{90a6216a602045e58eaed674a5cac002,

title = "Study on reserve problem in power market",

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.",

keywords = "Benefit analysis, Power Market, Reserve Capacity",

author = "Jianxue Wang and Xifan Wang and Yonghua Song and Zhangxian",

note = "Publisher Copyright: {\textcopyright} 2002 IEEE.; International Conference on Power System Technology, PowerCon 2002 ; Conference date: 13-10-2002 Through 17-10-2002",

year = "2002",

doi = "10.1109/ICPST.2002.1047219",

language = "英语",

series = "PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

pages = "2418--2422",

booktitle = "PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings",

}

Wang, J, Wang, X, Song, Y & Zhangxian 2002, Study on reserve problem in power market. in PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings., 1047219, PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings, vol. 4, Institute of Electrical and Electronics Engineers Inc., pp. 2418-2422, International Conference on Power System Technology, PowerCon 2002, Kunming, China, 13/10/02. https://doi.org/10.1109/ICPST.2002.1047219

Study on reserve problem in power market. / Wang, Jianxue; Wang, Xifan; Song, Yonghua et al.
PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings. Institute of Electrical and Electronics Engineers Inc., 2002. p. 2418-2422 1047219 (PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings; Vol. 4).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Study on reserve problem in power market

AU - Wang, Jianxue

AU - Wang, Xifan

AU - Song, Yonghua

AU - Zhangxian,

PY - 2002

Y1 - 2002

N2 - 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.

AB - 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.

KW - Benefit analysis

KW - Power Market

KW - Reserve Capacity

UR - https://www.scopus.com/pages/publications/84975527105

U2 - 10.1109/ICPST.2002.1047219

DO - 10.1109/ICPST.2002.1047219

M3 - 会议稿件

AN - SCOPUS:84975527105

T3 - PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings

SP - 2418

EP - 2422

BT - PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - International Conference on Power System Technology, PowerCon 2002

Y2 - 13 October 2002 through 17 October 2002

ER -

Wang J, Wang X, Song Y, Zhangxian. Study on reserve problem in power market. In PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings. Institute of Electrical and Electronics Engineers Inc. 2002. p. 2418-2422. 1047219. (PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings). doi: 10.1109/ICPST.2002.1047219

Study on reserve problem in power market

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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