Referenced Items are not available for this document.
The purpose of this paper is to analyze various approaches to incorporate short-term stored energy resources into the Midwest ISO co-optimized energy and ancillary service market. Based on the analysis, the best approach is to utilize short-term stored energy resources for regulating reserve with the real-time energy dispatch to be set in such a way that the maximum regulating reserve can be cleared. Results on a five-bus system are used to illustrate the clearing and pricing on short-term stored energy resources with the proposed approach. Monte Carlo simulation on the five-bus system is used to illustrate the AGC regulation deployment.
Published in:
Power Systems, IEEE Transactions on
(Volume:26
,
Issue:
2
)
Date of Publication: May 2011
- Page(s):
- 829 - 838
- ISSN :
- 0885-8950
- INSPEC Accession Number:
- 11961076
- Digital Object Identifier :
- 10.1109/TPWRS.2010.2061875
- Product Type:
- Journals & Magazines
- Date of Publication :
- 30 August 2010
- Date of Current Version :
- 21 April 2011
- Issue Date :
- May 2011
- Sponsored by :
- IEEE Power & Energy Society
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