Multi-Area Energy and Reserve Dispatch Under Wind Uncertainty and Equipment Failures

The cross-border trading among electricity markets in an interconnected multi-area system (e.g., in central Europe) and the integration of renewable resources (e.g., wind energy) have remarkably increased in recent years. To efficiently operate such system, a proper coordination among different areas is required. Within this context, a decentralized algorithm for market clearing is proposed in this paper to dispatch simultaneously energy and reserve under wind generation uncertainty and equipment failures. The proposed technique does not require a central operator but just a moderate interchange of information among neighboring areas. Additionally, the benefit of cross-border trading is studied.


Published in:
IEEE Transactions on Power Systems, 1-11
Year:
2013
Publisher:
Piscataway, Ieee-Inst Electrical Electronics Engineers Inc
ISSN:
1558-0679
Keywords:
Laboratories:




 Record created 2013-06-28, last modified 2018-01-28

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