Abstract
Spinning reserve (SR) allocation problem is of vital importance in maintaining power systems security and reliability. Considering forecast uncertainties, unit commitment problem and contingencies on the failure of transmission lines, a general probabilistic model for expected total cost is established and its corresponding solution for optimal SR allocation strategy is proposed. The objective function of this model is proved to be convex through positive semi-definite Hessian matrix while the constraints are all linear, which means the global optimal solution can be effectively found. A test case based on the PJM 5-bus system is presented to illustrate the convexity of the proposed model and the effectiveness of the proposed solution method.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.