Incorporating Post Zonal Reserve Deployment Transmission Constraints Into Energy and Ancillary Service Co-Optimization

Incorporating Post Zonal Reserve Deployment Transmission Constraints Into Energy and Ancillary Service Co-Optimization

This paper presents a new approach implemented in MISO day-ahead and real-time energy and ancillary service market clearing processes to address the reserve deliverability issue. In this approach, MISO enhanced the co-optimization process to incorporate post zonal reserve deployment transmission con...

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Veröffentlicht in:IEEE transactions on power systems 2014-03, Vol.29 (2), p.537-549
Hauptverfasser: Yonghong Chen, Gribik, Paul, Gardner, Joe
Format: Artikel
Sprache:eng
Schlagworte:
Ancillary services
Clearing
co-optimization
dispatch and scheduling
Energy transmission
Indexes
locational marginal price
market clearing price
market design
Markets
Mathematical model
Optimization
Real time
Real-time systems
Reliability
reserve
Reserves
Sensitivity
Spinning
system reliability
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Beschreibung
Zusammenfassung:This paper presents a new approach implemented in MISO day-ahead and real-time energy and ancillary service market clearing processes to address the reserve deliverability issue. In this approach, MISO enhanced the co-optimization process to incorporate post zonal reserve deployment transmission constraints. Reserves are procured within the co-optimization to meet both market-wide reserve requirements and ensure their deliverability on a zonal basis. As a result, zonal market clearing prices (MCPs) for reserves can properly reflect the effects of zonal reserve deployment on transmission constraints under consideration.
ISSN:0885-8950
1558-0679
DOI:10.1109/TPWRS.2013.2284791