Title :
Differential Evolution Algorithm for Security-Constrained Energy and Reserve Optimization Considering Credible Contingencies
Author :
Hejazi, H.A. ; Mohabati, H.R. ; Hosseinian, S.H. ; Abedi, M.
Author_Institution :
Electr. Eng. Dept., Amirkabir Univ. of Technol., Tehran, Iran
Abstract :
Reserve services are an essential part of a standard market design and are under development in major electricity markets. This paper presents the development of differential evolution algorithm for optimal allocation of energy and spinning reserve. The optimization is performed in an integrated market with biddable spinning reserve and sectional price offer curves while considering all security and power systems constraints in steady state and system credible contingencies. The effectiveness of the proposed method is examined by application of the proposed algorithm on the IEEE 30-bus test system. Some comparisons are made with analytical and evolutionary methods in various cases.
Keywords :
IEEE standards; evolutionary computation; power markets; power system security; IEEE 30-bus test system; differential evolution algorithm; electricity markets; power systems constraints; reserve optimization; security-constrained energy; standard market design; Convergence; Generators; Optimization; Power transmission lines; Reactive power; Spinning; Steady-state; Differential evolution algorithm; energy market; evolutionary algorithms; integrated electricity market; reserve market; sectional offering price; uniform price;
Journal_Title :
Power Systems, IEEE Transactions on
DOI :
10.1109/TPWRS.2010.2084112
