Title :
Robust dispatch to manage uncertainty in real time electricity markets
Author :
Rios-Zalapa, Ricardo ; Wang, Xing ; Wan, Jie ; Cheung, Kwok
Author_Institution :
AREVA T&D Inc., Redmond, WA, USA
Abstract :
To deal with the uncertainty in the demand and the lack of compliance from generators to follow instructions, Independent System Operators (ISO) evaluate commitment and dispatch solutions for different demand scenarios (low, medium and high). A robust dispatch algorithm that guarantees the ¿reach-ability¿ of the low and high demand scenarios from the medium demand dispatch is proposed in this paper. 5-bus examples are used to demonstrate the value of the dispatch reach-ability.
Keywords :
load dispatching; power markets; dispatch reach-ability; independent system operators; medium demand dispatch; real time electricity markets; robust dispatch algorithm; Dispatching; Economic forecasting; Electricity supply industry; Energy management; Power generation; Power system economics; Robustness; Security; Senior members; Uncertainty; Economic dispatch; electricity market; generation control; system operations; system security;
Conference_Titel :
Innovative Smart Grid Technologies (ISGT), 2010
Conference_Location :
Gaithersburg, MD
Print_ISBN :
978-1-4244-6264-3
Electronic_ISBN :
978-1-4244-6333-6
DOI :
10.1109/ISGT.2010.5434761