Dynamic Reserve Policies for Market Management Systems

Project Status: 

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.

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