Probabilistic Optimal Power Flow Applications to Electricity Markets

2006 ◽  
Author(s):  
Gregor Verbic ◽  
Antony Schellenberg ◽  
William Rosehart ◽  
Claudio A. Canizares
Keyword(s):  
Electricity Markets ◽  
Power Flow ◽  
Optimal Power Flow ◽  
Optimal Power

scholarly journals An integrated OPF dispatching model with wind power and demand response for day-ahead markets

2019 ◽  
Vol 9 (4) ◽  
pp. 2794
Author(s):  
Ricardo Moreno ◽  
Johan Obando ◽  
Gabriel Gonzalez
Keyword(s):  
Wind Power ◽  
Demand Response ◽  
Electricity Markets ◽  
Power Flow ◽  
Optimal Power Flow ◽  
Mixed Integer ◽  
New Paradigm ◽  
Linear Quadratic ◽  
Distributed Resources ◽  
Optimal Power

In the day-ahead dispatching of network-constrained electricity markets, renewable energy and distributed resources are dispatched together with conventional generation. The uncertainty and volatility associated to renewable resources represents a new paradigm to be faced for power system operation. Moreover, in various electricity markets there are mechanisms to allow the demand participation through demand response (DR) strategies. Under operational and economic restrictions, the operator each day, or even in intra-day markets, dispatchs an optimal power flow to find a feasible state of operation. The operation decisions in power markets use an optimal power flow considering unit commitment to dispatch economically generation and DR resources under security restrictions. This paper constructs a model to include demand response in the optimal power flow under wind power uncertainty. The model is formulated as a mixed-integer linear quadratic problem and evaluated through Monte-Carlo simulations. A large number of scenarios around a trajectory bid captures the uncertainty in wind power forecasting. The proposed integrated OPF model is tested on the standard IEEE 39-bus system.

Practical Security Boundary-Constrained DC Optimal Power Flow for Electricity Markets

2016 ◽  
Vol 31 (5) ◽  
pp. 3358-3368 ◽  
Author(s):  
Miguel Chavez-Lugo ◽  
Claudio R. Fuerte-Esquivel ◽  
Claudio A. Canizares ◽  
Victor J. Gutierrez-Martinez
Keyword(s):  
Electricity Markets ◽  
Power Flow ◽  
Optimal Power Flow ◽  
Optimal Power ◽  
Practical Security

Optimal Power Flow Using Newton’s Method

2012 ◽  
Vol 3 (2) ◽  
pp. 167-169
Author(s):  
F.M.PATEL F.M.PATEL ◽  
◽  
N. B. PANCHAL N. B. PANCHAL
Keyword(s):  
Newton’S Method ◽  
Newton's Method ◽  
Power Flow ◽  
Optimal Power Flow ◽  
Optimal Power
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