Dynamic Reserve Policies for Market Management Systems

PI: 
Hedman, Kory
Project Status: 
Completed

This project is conducting optimization-based analyses to examine: (a) new reserve policies for contingency-based reserves and ramping products, which may be needed to compensate for resource uncertainty; (b) the possible creation of dynamic zonal reserve policies; and (c) the creation of response-set reserve policies that specify a set of generators (or resources providing reserves) that will respond given a specific event—while taking into consideration network limitations.

Related Publications

Singhal, Nikita G, Nan Li, and Kory W Hedman. "A Reserve Response Set Model for Systems with Stochastic Resources." IEEE Transactions on Power Systems (2017).
Li, Nan, Nikita Singhal, and Kory W Hedman. "An Enhanced Security-Constrained Unit Commitment Model with Reserve Response Set Policies." Hawaii International Conference on Systems Science (HICSS). 2017.
Zhang, Shaobo, Nikita G Singhal, Kory W Hedman, Vijay Vittal, and Junshan Zhang. "An Evaluation of Algorithms to Solve for Do-Not-Exceed Limits for Renewable Resources." 2015 48th Hawaii International Conference on System Sciences (HICSS). HI, USA: IEEE, 2015.