Energy and reserve dispatch in a multi-zone electricity market

Ma, Xingwang; Sun, D.; Cheung, Kwok W.

doi:10.1109/59.780903

Cited by 114 publications

(53 citation statements)

References 2 publications

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“…In this paper the market is settled based on MCP mechanism to determine the corresponding payments for the selected generating units (PEV and generator) [7,[14][15][16]. The total payment in the energy market consists of two-part that are the payment of PEV owners and generator owners.…”

Section: A Decoupled Energy Market Including Pevsmentioning

confidence: 99%

Integration of Plug-in Electric Vehicles Into Microgrids as Energy and Reactive Power Providers in Market Environment

Rabiee

Farahani

Khalili

et al. 2016

IEEE Trans. Ind. Inf.

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The concept of electricity markets in the deregulated environment generally refers to energy market and reactive power market is not paid attention as much as it deserves to. However, reactive power plays an important role in distribution networks to improve network conditions such as voltage profile improvement and loss reduction. Plug-in electric vehicles (PEVs) are mobile sources of active and reactive power, capable of being participated in energy market, and also in reactive power market without battery degradation. Active and reactive powers are coupled through the ac power flow equations and branch loading limits, as well as PEVs and synchronous generators capability curves. This paper presents a coupled energy and reactive power market in the presence of PEVs. The objective function is threefold, namely offers cost (for energy market), total payment function (for reactive power market), and lost opportunity cost, all to be minimized. The effectiveness of the proposed coupled energy and reactive power market is studied based on a 134-node microgrid with and without PEV participation.

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Section: A Decoupled Energy Market Including Pevsmentioning

confidence: 99%

Integration of Plug-in Electric Vehicles Into Microgrids as Energy and Reactive Power Providers in Market Environment

Rabiee

Farahani

Khalili

et al. 2016

IEEE Trans. Ind. Inf.

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“…The electricity reserve market has been the focus of considerable research [11][12][13]. However due to the unique under frequency requirements of New Zealand a more rigorous approach is required to determine the amount of reserves.…”

Section: B Review Of Similar Initiativesmentioning

confidence: 99%

Maintaining New Zealand's electrical reserve management tool

Prince-Pike

Wilson

Ilieva

et al. 2012

2012 10th International Power &Amp; Energy Conference (IPEC)

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Abstract-Managing the electrical reserves in a small, geographically elongated nation like New Zealand is a challenge. The Reserve Management Tool (RMT) developed over a decade ago optimally schedules the reserve load given the current and anticipated circumstances every half hour to ensure that the reserve requirement for electricity is always met. However with changes in the underlying computing platform, and the recognition that the tool needed to be more flexible to incorporate future generator development meant that this tool needed a revamp. This paper describes the present tool, the motivation for the redesign and demonstrates the new capabilities.

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“…Classical dispatch [1970's -1990's] (Wood & Wollenberg, 1996) 2. Market-based dispatch [1990's -2010's] (Schweppe et al, 1998;Ma et al, 1999;Chow et al, 2005) 3. Smart dispatch [2010's -] …”

Section: Evolution Of Economic Dispatchmentioning

confidence: 99%

Smart Dispatch and Demand Forecasting for Large Grid Operations with Integrated Renewable Resources

Cheung¹

2011

Renewable Energy - Trends and Applications

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Energy and reserve dispatch in a multi-zone electricity market

Cited by 114 publications

References 2 publications

Integration of Plug-in Electric Vehicles Into Microgrids as Energy and Reactive Power Providers in Market Environment

Integration of Plug-in Electric Vehicles Into Microgrids as Energy and Reactive Power Providers in Market Environment

Maintaining New Zealand's electrical reserve management tool

Smart Dispatch and Demand Forecasting for Large Grid Operations with Integrated Renewable Resources

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