The high penetration of renewable energy brings great challenges to power system operation and scheduling. In this paper, a multi-timescale coordinated method for source-grid-load is proposed. First, the multi-timescale characteristics of wind forecasting power and demand response (DR) resources are described, and the coordinated framework of source-grid-load is presented under multi-timescale. Next, economic scheduling models of source-grid-load based on multi-timescale DR under network constraints are established in the process of day-ahead scheduling, intraday scheduling, and real-time scheduling. The loads are classified into three types in terms of different timescale. The security constraints of grid side and time-varying DR potential are considered. Three-stage stochastic programming is employed to schedule resources of source side and load side in day-ahead, intraday, and real-time markets. The simulations are performed in a modified Institute of Electrical and Electronics Engineers (IEEE) 24-node system, which shows a notable reduction in total cost of source-grid-load scheduling and an increase in wind accommodation, and their results are proposed and discussed against under merely two timescales, which demonstrates the superiority of the proposed multi-timescale models in terms of cost and demand response quantity reduction.
Real-time dynamic economic load dispatch integrated with renewable energy curtailment
