Reliability and efficiency at global level in power systems

Jokić, Andrej and Bosch, P.P.J. van den and Virag, A. and Hendrix, W.H.A. and Puglia, L. and Boer, W. de and Vujanic, R. and Nobel, F. (2013) Reliability and efficiency at global level in power systems. = Reliability and efficiency at global level in power systems. In: 10th International Conference on the European Energy Market, EEM 2013, 27-31.5.2013., Stockholm, Švedska.

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In EU project E-Price it is proposed to attribute reliability to the Transmission System Operator (TSO) and the drive for efficiency to the Balance Responsible Parties (BRP). Two main ideas are proposed. The first idea is to make BRPs themselves responsible for estimating their uncertainty in real time and hedge their imbalance risks, yielding the proposal to introduce dual-sided markets for ancillary services. The second idea is to reduce the conservatism in exploiting the inter-area transmission capacity (ATC), while still guaranteeing sufficient degrees of reliability. This paper explains, elucidates and concludes, based on qualitative arguments and supported by quantitative simulations and calculations, that both proposals are beneficial to improve the stated compromise between reliability and economy.

Item Type: Conference or Workshop Item (Lecture)
Keywords (Croatian): smart grid; control systems; reliability and economy; robust optimization
Subjects: TECHNICAL SCIENCE > Basic technical sciences
Divisions: 900 Department of Robotics and Production System Automation > 910 Chair of Engineering Automation
Indexed in Web of Science: No
Indexed in Current Contents: No
Date Deposited: 18 Apr 2017 13:40
Last Modified: 21 Nov 2018 09:42

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