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Optimal Spinning Reserve Capacity in Power Market

Author(s):

Dr. Naresh Kumar Yadav , DCRUST, Murthal; Anil Sheokand, DCRUST, Murthal; Indu Maheshwari, FET, MRIU, Faridabad

Keywords:

spinning reserve, expected energy not served, reliability test system.

Abstract

In this paper, the spinning reserve (SR) capacity in a power system is considered to be flexible. The expected energy not served (EENS) is calculated by the equivalent energy approach. Based on the reliability evaluation of the generation system, a clearing model of the spinning reserve market is proposed to determine the optimal reserve capacity and simultaneously clear the spinning reserve market. The spinning reserve model for flexible spinning reserve is discussed on both uniform-price and pay-as-bid auction mechanisms. The results show that the flexible spinning reserve model is more beneficial than the fixed spinning reserve model and increases the social benefit of the system. For case studies reliability test system (RTS 96) is used in this paper.

Other Details

Paper ID: IJSRDV1I7017
Published in: Volume : 1, Issue : 7
Publication Date: 01/10/2013
Page(s): 1447-1451

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