A multi-criteria optimization of ancillary services in a competitive energy market

Author

Schmitt, A. ; Verstege, J.F.

Author_Institution

Wuppertal Univ., Germany

Volume

3

fYear

2001

fDate

2001

Firstpage

1061

Abstract

This paper reports on a management system, which supports the power system operator to provide ancillary services in a competitive energy market under economical as well as technical objectives. In a combined optimization the minimization of the costs for providing reserve aid for covering transmission losses are presented as well as several parameters of power system operation, which represent the reliability and quality of the system like frequency control, voltage control or transmission capacity. Since the objectives compete, a Pareto-based evolution strategy was selected, in order to solve this multi-criteria optimization problem. The mathematical models representing the competitive objectives are presented and exemplary case study results are given

Keywords

Pareto distribution; electricity supply industry; frequency control; losses; power supply quality; power system control; power system economics; power system reliability; power transmission; voltage control; Pareto-based evolution strategy; ancillary services; combined optimization; competitive energy market; costs minimization; economical objectives; frequency control; management system; mathematical models; multi-criteria optimization; multi-criteria optimization problem; power system operation; power system operator; quality; reliability; reserve aid; technical objectives; transmission capacity; transmission losses; voltage control; Cost function; Energy management; Power generation economics; Power system control; Power system economics; Power system management; Power system modeling; Power system reliability; Power systems; Propagation losses;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering Society Winter Meeting, 2001. IEEE

Conference_Location

Columbus, OH

Print_ISBN

0-7803-6672-7

Type

conf

DOI

10.1109/PESW.2001.917216

Filename

917216