Title :
Optimal load shedding with dynamic market modeling
Author :
Xu, Ding ; Girgis, Adly A.
Author_Institution :
Dept. of Electr. & Comput. Eng., Clemson Univ., SC, USA
Abstract :
Load shedding is one of the challenging problems in deregulated power systems. This paper studies the load-shedding problem with a dynamic power market model. To establish this model, the characteristic of the power market is analyzed first. Then the parameters in this model are estimated by a recursive weighted least square method. The full model is incorporated into the load shedding problem in a new industry environment. The entire problem is formulated as an optimization problem with differential equations as constraints. A discretization technique is applied to transfer the differential equation into an algebraic equation. Finally, it is solved by mathematical programming. This method is tested on a small and a large system.
Keywords :
differential equations; electricity supply industry; least squares approximations; load shedding; mathematical programming; algebraic equation; deregulated power systems; differential equations; discretization technique; dynamic market modeling; dynamic power market model; mathematical programming; optimal load shedding; optimization; recursive weighted least square method; Constraint optimization; Differential algebraic equations; Differential equations; Least squares methods; Mathematical programming; Power markets; Power system analysis computing; Power system dynamics; Power system modeling; Recursive estimation;
Conference_Titel :
Power Engineering Society Winter Meeting, 2002. IEEE
Print_ISBN :
0-7803-7322-7
DOI :
10.1109/PESW.2002.985137