To enhance the system's capacity to manage emergencies and foster the efficient utilization of newly generated energy, this paper introduces a redefined concept of system operation flexibility and proposes a two-stage optimized economic dispatch model. This model is tailored to ensure the system's operational flexibility. In this method, net load is pinpointed as the primary driver of flexibility demand, and a data-driven approach is employed to capture the uncertainties associated with net load across various risk levels. As flexibility supplier, conventional units work in tandem to optimize their operating points, fulfilling flexibility demand while adhering to the Do Not Exceed (DNE) baseline, thereby ensuring that system flexibility remains within safe limits. A case study on the modified SG-126 bus system demonstrates that the proposed methodology effectively highlights flexibility shortfalls and validates its efficiency in terms of cost and inter-regional coordination.
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