Increasing the penetration of variable wind generation in power systems has created some new challenges in the power system operation. In such a situation, the inclusion of flexible resources which have the potential of facilitating wind power integration is necessary. Demand response (DR) programs and emerging utility-scale energy storages (ESs) are known as two powerful flexible tools that ca...

This paper reports on work the Consortium for Electric Reliability Technology Solutions (CERTS) has been pursuing to hasten the arrival of meaningful load participation in competitive electricity markets. The activities include: experimental economic analysis of the effect of price responsive load in reducing market prices and price volatility; assessments of emerging demand response programs a...

Operating reserve assessment has become increasingly important in the new utility environment in which ancillary services have been assigned a value and purchased in a competitive market. This paper first presents a procedure for compulsory provision of spinning reserve using a risk-constrained cost-based mechanism and then proposes a competitive market structure for spinning reserve procuremen...

As the electricity industry in California undergoes a process of fundamental restructuring, important new products and markets will be created while others will lose signi cance. In this paper, we make an initial survey of the products and markets that will be prominent in the emerging new electricity industry. We describe approaches to analyzing the prospects for, and the impacts of, market po...

Due to uncertain nature of wind and photovoltaic power units, the participation of this units in electricity markets is subjected to significant deviation penalties. This issue leads to despondency or even admission of these units in the competitive environment. With regard to this fact that the low deviations are available when predictions are performed in a short-term horizon and also distrib...

Water is scarce resource with uncertain availability. Hence finding an optimal production schedule for hydro producer is usually a complex task and it is necessary to carefully balance the timing of water use. This paper addresses the selfscheduling problem for a price-taker hydro producer. The goal is maximizing the profit of a hydro producer through participating in the day-ahead energy and a...

Competitive structure of power markets causes various challenges for wind resources to participate in these markets. Indeed, production uncertainty is the main cause of their low income. Thus, they are usually supported by system operators, which is in contrast with the competitive paradigm of power markets. In this paper, a new strategy for increasing the profits of wind resources is proposed....

This paper presents an algorithm for optimal resilient allocation of Mobile Energy Storage Systems (MESSs) active distribution system considering the microgrids coordinated bidding process. The main contribution this is that impacts biddings on MESSs in day-ahead and real-time markets are investigated. proposed optimization framework another decomposes process into multiple procedures horizons....

A host of technologies has been developed to achieve these aims of the smart grid. Some of these technologies include plug-in electric vehicle, demand response program, energy storage system and renewable distributed generation. However, the integration of the smart grid technologies in the power system operation studies such as economic emission unit commitment problem causes two major challen...

There is a great resolution calling for smart grids in recent years. Introduction of new technologies, that make the network flexible and controllable, is a main part of smart grid concept and a key factor to its success. Transmission network as a part of system network has drawn less attention. Transmission switching as a transmission service can release us from load shedding and remove the co...