Generation Adjustment Method Based on Bus-Dependent Participation Factor

This paper presents a new generation adjustment method for achieving economical operation of power systems. Uncertainty in the loads and renewable energy sources is inevitable in power systems. The participation factor, which can be calculated using the incremental cost, is generally used to manage such unexpected variations. The incremental cost considers only the generators; however, owing to line loss, the location of the variation may also affect the operation performance. Herein, we introduce a bus-dependent participation factor (BDPF) to precisely reflect the line loss. The BDPF is calculated based on the generation-load incremental cost (GLIC), which is the cost variation for a specific generator and load. The GLIC can fairly reflect line loss changes; in addition, the second-order loss sensitivity is used to improve the accuracy of the BDPF. Using the BDPF, power generation can be instantly adjusted under unexpected variations, after which re-adjustment can be performed, if operation constraint violations exist. The proposed method is tested on the IEEE 14-bus and 118-bus systems, and the simulation results validate its effectiveness.