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Utilization of Real-Time Balancing Market for Transmission System Control Under Uncertainty

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1 Author(s)
Havel, P. ; Dept. of Control Eng., Czech Tech. Univ., Prague, Czech Republic

An algorithm facilitating automated purchase of energy on real-time balancing market is proposed in this paper. The main inputs of the algorithm are a prediction of the area control error, its uncertainty in the form of a standard deviation and a set of previously procured ancillary services (contracted power reserves) available for power balance control. The algorithm evaluates all possible power balance scenarios for the closest hour in a probabilistic manner and gives a cost-optimal recommendation for the real-time balancing market demand. A case study on realistic data for the Czech Republic control area was performed by simulation of the power balance control with a Monte Carlo simulator of the Czech transmission system. The results showed potential for savings on the regulation energy costs.

Published in:

Power Systems, IEEE Transactions on  (Volume:29 ,  Issue: 1 )

Date of Publication:

Jan. 2014

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