Title :
The impact of a given trading limit on a two-area test system
Author :
Perninge, Magnus ; Knazkins, Valerijs ; Amelin, Mikael ; Söder, Lennart
Author_Institution :
Dept. of Electr. Power Syst., R. Inst. of Technol., Stockholm, Sweden
Abstract :
This paper uses methods from stochastic analysis and stochastic modeling to determine the impact of a certain trading limit on the transfer between the two areas of a benchmark two-area power system. We also try to state which uncertainties are important to consider when calculating this power transfer.
Keywords :
load dispatching; power markets; stochastic processes; power transfer; stochastic analysis; stochastic modeling; trading limit; two area test system; Costs; Electricity supply industry; Power grids; Power markets; Power system modeling; Power systems; Production systems; Stochastic systems; System testing; Uncertainty; Ornstein-Uhlenbeck Process; Power Market; Power Transfer; Trading Limit;
Conference_Titel :
PowerTech, 2009 IEEE Bucharest
Conference_Location :
Bucharest
Print_ISBN :
978-1-4244-2234-0
Electronic_ISBN :
978-1-4244-2235-7
DOI :
10.1109/PTC.2009.5282098
