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Utilization of Real-Time Balancing Market for Transmission System Control Under Uncertainty

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21230%2F14%3A00209474" target="_blank" >RIV/68407700:21230/14:00209474 - isvavai.cz</a>

  • Result on the web

    <a href="http://dx.doi.org/10.1109/TPWRS.2012.2228676" target="_blank" >http://dx.doi.org/10.1109/TPWRS.2012.2228676</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1109/TPWRS.2012.2228676" target="_blank" >10.1109/TPWRS.2012.2228676</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Utilization of Real-Time Balancing Market for Transmission System Control Under Uncertainty

  • Original language description

    An algorithm facilitating automated purchase of energy on real-time balancing market is proposed in this paper. The main inputs of the algorithm are a prediction of the area control error, its uncertainty in the form of a standard deviation and a set ofpreviously procured ancillary services (contracted power reserves) available for power balance control. The algorithm evaluates all possible power balance scenarios for the closest hour in a probabilistic manner and gives a cost-optimal recommendation for the real-time balancing market demand. A case study on realistic data for the Czech Republic control area was performed by simulation of the power balance control with a Monte Carlo simulator of the Czech transmission system. The results showed potential for savings on the regulation energy costs.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    JE - Non-nuclear power engineering, energy consumption and utilization

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/1M0567" target="_blank" >1M0567: Centre for Applied Cybernetics</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    IEEE Transactions on Power Systems

  • ISSN

    0885-8950

  • e-ISSN

  • Volume of the periodical

    29

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    8

  • Pages from-to

    450-457

  • UT code for WoS article

    000329035000051

  • EID of the result in the Scopus database