Title :
A risk-based approach for provision of Spinning Reserve by means of Emergency Demand Response Program
Author :
Yousefi, A. ; Shayesteh, E. ; Daneshvar, F. ; Moghaddam, M. Parsa
Author_Institution :
Dept. of Eng., Tarbiat Modares Univ., Tehran
Abstract :
Spinning Reserve (SR) is one of the ancillary services which is essential to satisfy system security constraints when the power system faces with a contingency. In this paper, emergency demand response program as one of the incentive-based demand response programs is implemented as a source of spinning reserve. In this regard, certain numbers of demands are selected according to a sensitivity analysis, and are simulated as virtual generation units. The reserve market is cleared for SR allocation considering a probabilistic technique. A comparison is conducted between the absence and existence of emergency demand response program from both economical and reliability view points. Numerical studies based on IEEE 57 bus test system are conducted for evaluation of the proposed method.
Keywords :
power generation economics; power markets; power system security; probability; risk analysis; IEEE 57 bus test system; emergency demand response program; generation units; power market; power system economics; power system security; probabilistic technique; risk-based approach; sensitivity analysis; spinning reserve service; Analytical models; Load management; Power generation economics; Power system analysis computing; Power system security; Power system simulation; Sensitivity analysis; Spinning; Strontium; System testing; Ancillary Services; Demand Response (DR); Emergency Demand Response Program (EDRP); Spinning Reserve;
Conference_Titel :
Power and Energy Conference, 2008. PECon 2008. IEEE 2nd International
Conference_Location :
Johor Bahru
Print_ISBN :
978-1-4244-2404-7
Electronic_ISBN :
978-1-4244-2405-4
DOI :
10.1109/PECON.2008.4762623
