DocumentCode
135315
Title
Testing market alternatives for renewable integration using a reduced network model
Author
Price, James E.
Author_Institution
California ISO, Folsom, CA, USA
fYear
2014
fDate
27-31 July 2014
Firstpage
1
Lastpage
5
Abstract
California´s increasing use of renewable energy will result in profound changes in markets and system operations as the resource portfolio shifts away from heavy reliance on natural gas-fueled generation. The California ISO is implementing new market products to provide a flexibility reserve, and continues to evaluate other market changes to respond to uncertainty in intermittent resources´ output. The residual unit commitment (RUC) process is the final step of the day-ahead market, to ensure adequate resources for realtime dispatch. This study applies a 240-bus test system for the California and WECC regional market, to examine whether the RUC process could be improved by considering uncertainty in demand and intermittent resource output, through stochastic unit commitment.
Keywords
power generation dispatch; power generation scheduling; power markets; renewable energy sources; California ISO; RUC process; WECC regional market; day-ahead market; intermittent resources output; natural gas-fueled generation; renewable energy; renewable integration; residual unit commitment process; resource portfolio; testing market alternatives; Generators; Optimization; Real-time systems; Reliability; Schedules; Stochastic processes; Uncertainty; market model; renewable energy; stochastic unit commitment; unit commitment;
fLanguage
English
Publisher
ieee
Conference_Titel
PES General Meeting | Conference & Exposition, 2014 IEEE
Conference_Location
National Harbor, MD
Type
conf
DOI
10.1109/PESGM.2014.6939259
Filename
6939259
Link To Document