DocumentCode
2018292
Title
Spinning reserve allocation using game theory
Author
Petrichenko, Roman ; Sauhats, Antans ; Chuvychin, Vladimir
Author_Institution
Fac. of Electr. & Power Eng., Riga Tech. Univ., Riga, Latvia
fYear
2013
fDate
16-20 June 2013
Firstpage
1
Lastpage
6
Abstract
This paper presents a method of dynamic allocation of the primary power reserve among frequency regulation´s participants. Cooperative game theory approach is used for analysis of spinning reserve application. Technical and economical aspects of the issue are observed. Mathematical model of automation used for selection of optimal sharing of profit among participants was built.
Keywords
game theory; power system economics; smart power grids; cooperative game theory approach; frequency regulation participants; game theory; mathematical model; optimal profit sharing; primary power reserve dynamic allocation; smart grid; spinning reserve allocation method; Frequency control; Mathematical model; Optimization; Power generation; Power systems; Resource management; Spinning; Power systems; active power; game theory; optimization; smart grid;
fLanguage
English
Publisher
ieee
Conference_Titel
PowerTech (POWERTECH), 2013 IEEE Grenoble
Conference_Location
Grenoble
Type
conf
DOI
10.1109/PTC.2013.6652192
Filename
6652192
Link To Document