Dynamic security-constrained rescheduling of power systems using trajectory sensitivities

In the deregulated environment of power systems, the transmission networks are often operated close to their maximum capacity to achieve transfer of power. Besides, the operators must operate the system to satisfy its dynamic stability constraints under credible contingencies. This paper provides a method using trajectory sensitivity to reschedule power generation to ensure system stability for a set of credible contingencies while satisfying its economic goal. System modeling issue is not a limiting concern in this method, and hence, the technique can be used as a preventive control scheme for system operators in real time.