Probability-Weighted LMP and RCP for Day-Ahead Energy Markets using Stochastic Security-Constrained Unit Commitment [electronic resource] : Preprint

• Ngôn ngữ: eng
• Ký hiệu phân loại: 621.838 Cams
• Thông tin xuất bản: Washington, D.C. : Oak Ridge, Tenn. : United States. Dept. of Energy. Office of Energy Efficiency and Renewable Energy ; Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy, 2012
• Mô tả vật lý: Size: 2.9 MB : , digital, PDF file.
• Bộ sưu tập: Metadata
• ID: 259138
• Chủ đề: 1. 17 wind energy; 2. 24 power transmission and distribution; 3. 32 energy conservation, consumption, and utilization; 4. Balances; 5. Electric power

Tóm tắt

Variable renewable generation resources are increasing their penetration on electric power grids. These resources have weather-driven fuel sources that vary on different time scales and are difficult to predict in advance. These characteristics create challenges for system operators managing the load balance on different timescales. Research is looking into new operational techniques andstrategies that show great promise on facilitating greater integration of variable resources. Stochastic Security-Constrained Unit Commitment models are one strategy that has been discussed in literature and shows great benefit. However, it is rarely used outside the research community due to its computational limits and difficulties integrating with electricity markets. This paper discusses howit can be integrated into day-ahead energy markets and especially on what pricing schemes should be used to ensure an efficient and fair market.