A Comparison of Deterministic and Probabilistic Methods for Determining the Required Amount of Spinning Reserve
نویسندگان
چکیده
In an electric power system, spinning reserve requirements can be determined by using deterministic and/or probabilistic measures. Although deterministic methods are usual in many systems, application of probabilistic methods becomes increasingly important in the new environment of the electric power utility industry. This is because of the increased uncertainty associated with competition. In this paper 1) a new probabilistic method is presented which considers the reliability of transmission system in a simplified manner and 2) deterministic and probabilistic methods are compared. The studied methods are applied to the Roy Billinton Test System (RBTS). Keywords—Reliability, Spinning Reserve, Risk, Transmission, Unit Commitment.
منابع مشابه
Comparison of Deterministic and Geomorphic Methods for Determining Spatial Variations of Nitrate in Ghaemshahr-Juybar Plan
Nitrate is one of the most important pollutants of surface water and underground water resources which has adverse effects on the health of consumers. Due to lack of sufficient opportunity and budget, in practice, full and timely sampling of all wells in each area is not possible. So the amount of nitrate in certain parts according to the adjacent groundwater is of particular importance in...
متن کاملOptimization of the Microgrid Scheduling with Considering Contingencies in an Uncertainty Environment
In this paper, a stochastic two-stage model is offered for optimization of the day-ahead scheduling of the microgrid. System uncertainties including dispatchable distributed generation and energy storage contingencies are considered in the stochastic model. For handling uncertainties, Monte Carlo simulation is employed for generation several scenarios and then a reduction method is used to decr...
متن کاملOptimal Bidding Strategies of GENCOs in Day-Ahead Energy and Spinning Reserve Markets Based on Hybrid GA-Heuristic Optimization Algorithm
In an electricity market, every generation company (GENCO) attempts to maximize profit according to other participants bidding behaviors and power systems operating conditions. The goal of this study is to examine the optimal bidding strategy problem for GENCOs in energy and spinning reserve markets based on a hybrid GA-heuristic optimization algorithm. The heuristic optimization algorithm used...
متن کاملPrice-takers’ bidding strategies in joint energy and spinning reserve pay-as-bid markets
Strategic bidding in joint energy and spinning reserve markets is a challenging task from the viewpoint of generation companies (GenCos). In this paper, the interaction between energy and spinning reserve markets is modeled considering a joint probability density function for the prices of these markets. Considering pay-as-bid pricing mechanism, the bidding problem is formulated and solved as a...
متن کاملProbabilistic design: The future of rock engineering
A brief background to the development of the rock engineering design process is given, showing that since the development of the science of mathematics, deterministic methods have been used to perform various calculations. The variability of rock properties and support characteristics have always been known. However, they were not explicitly used in design but compensated for by the use of a sa...
متن کامل