Abstract

Total transfer capability (TTC) evaluation plays an essential role in guaranteeing reliable power transactions in a deregulated electricity market. However, the large-scale integration of wind power brings significant challenges to TTC calculations. The conventional probabilistic TTC evaluation methods are highly dependent on the pre-defined probabilistic distributions of the input random variables, which could not be accurately predicted in practical situations. This paper proposes an interval TTC evaluation method based on the linearized AC power flow (LACPF) model, which can provide intuitive TTC boundary information without any prior distributions. The adoption of LACPF also contributes to yielding more accurate TTC values than those DC power flow (DCPF) based methods. The proposed interval optimization model is equivalently translated into an optimistic model and a pessimistic model. The optimistic model is formulated as a max-max problem and can be directly converted to a single-level linear programming model. The pessimistic model is formulated as a min-max problem that cannot be solved directly. Hence, the strong duality theory and the big-M method are introduced to transfer the original bilevel model into a single-level mixed integer linear programming (MILP) model for an efficient solution. The proposed method is validated on the IEEE 118-bus system and a modified actual power grid in Northwest China. Numerical results demonstrate its computational efficiency.

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