Title :
Market-clearing with stochastic security - part II: case studies
Author :
Bouffard, François ; Galiana, Francisco D. ; Conejo, Antonio J.
Author_Institution :
McGill Univ., Montreal, Que.
Abstract :
Summary form only given. This paper analyzes the market-clearing formulation with stochastic security developed in its companion paper through two case studies solved using mixed-integer linear programming techniques. The generation and reserve schedules as well as the nodal prices of energy and security are assessed under various conditions such as a) line flow limits; b) when nonspinning reserve is excluded from the formulation; c) demand side valuation of energy not served; d) generator ramping limits; and, e) the set of pre-selected contingencies
Keywords :
integer programming; linear programming; power generation economics; power generation protection; power generation scheduling; power markets; power system security; pricing; demand side valuation; generation schedules; generator ramping limits; line flow limits; market-clearing; mixed-integer linear programming techniques; nodal prices; nonspinning reserve; reserve schedules; stochastic security; Computer aided software engineering; Cost accounting; Linear programming; Security; Stochastic processes;
Conference_Titel :
Power Engineering Society General Meeting, 2006. IEEE
Conference_Location :
Montreal, Que.
Print_ISBN :
1-4244-0493-2
DOI :
10.1109/PES.2006.1708880
