Title :
Simulation-based optimization of ancillary services
Author :
Havel, Petr ; Filas, Petr ; Fantík, Josef
Author_Institution :
Dept. of Control Eng., Czech Tech. Univ., Prague
Abstract :
In this paper a task of finding an optimal set of ancillary services for power balance control is formulated and an algorithm how to solve the optimization task is described. The set of ancillary services is optimal in the sense that it ensures safe, reliable operation of the transmission system under minimal costs for ancillary services purchase on the market. The algorithm relies on a detailed Monte-Carlo simulator of power balance control.
Keywords :
Monte Carlo methods; power control; power transmission control; power transmission economics; Monte-Carlo simulator; ancillary services; power balance control; simulation-based optimization; transmission system; Constraint optimization; Control systems; Cost function; Elasticity; Environmental economics; Optimal control; Power generation economics; Power system planning; Power system reliability; Spinning; Ancillary services; power balance control; price elasticity; transmission system operation planning;
Conference_Titel :
Electricity Market, 2008. EEM 2008. 5th International Conference on European
Conference_Location :
Lisboa
Print_ISBN :
978-1-4244-1743-8
Electronic_ISBN :
978-1-4244-1744-5
DOI :
10.1109/EEM.2008.4579090
