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Modelling Dynamic Constraints in Electricity Markets and the Costs of Uncertain Wind Output
Building on models that represent inter-temporal constraints in the optimal production decisions for electricity generation,the paper analysis the resulting costs and their impact on prices during the day. We linearise the unit commitment problem to facilitate th
Optimized Energy Management Strategy for Wind Plants with Storage in Energy and Reserve Markets
This paper addresses the joint operation of wind plants with energy storage systemsin multiple markets to increase the value of wind energy from an economic and technical point of view. The development of an optimized energy management allows scheduling the wind generation in energymarkets, as well as contributing to the system stability through the joint participation in frequency ancillary services. The market optimization maximizes market revenuesconsidering overallstoragecosts, while avoidingenergy imbalancesand market penalties. Moreover, wind power fluctuations, forecast errors and real-time reserverequirementsare controlledby the energy storagesystem and managed afterward through the participation in continuous intraday market. Furthermore, model predictive control approach enables a high compliance of reserve requirementsand a hugereduction of energy imbalancesin real-time operation. Different energy storagecapacities are selected in order to evaluate theircost-effectiveness enhancing the wind plant operation underthe considered study case.This work was partially supported by the Basque Government under Project Road2DC (ELKARTEK Research Program KK-2018/00083)
Understanding Extended Projected Profile (EPP) Trajectory Error Using a Medium-Fidelity Aircraft Simulation
A critical component of Trajectory-Based Operations is the ability for a consistent and accurate 4-dimensional trajectory to be shared and synchronized between airborne and ground systems as well as amongst various ground automation systems. The Aeronautical Telecommunication NetworkBaseline 2 standard defines the Extended Projected Profile (EPP) trajectory that can be sent via Automatic Dependent Surveillance-Contract from an aircraft to ground automation. The EPP trajectory message contains a representation of the reference trajectory from an aircrafts Flight Management System (FMS). In this work, a set of scenarios were run in a medium-fidelity aircraft and FMS simulation to perform an initial characterization of EPP trajectory errors under a given set of conditions. The parameters investigated were the route length, route type, wind magnitude error, wind direction error, and with and without a required time-of-arrival constraint
Quantifying the value of improved wind energy forecasts in a pool-based electricity market
This work illustrates the influence of wind forecast errors on system costs, wind curtailment and generator dispatch in a system with high wind penetration. Realistic wind forecasts of different specified accuracy levels are created using an auto-regressive moving average model and these are then used in the creation of day-ahead unit commitment schedules. The schedules are generated for a model of the 2020 Irish electricity system with 33% wind penetration using both stochastic and deterministic approaches. Improvements in wind forecast accuracy are demonstrated to deliver: (i) clear savings in total system costs for deterministic and, to a lesser extent, stochastic scheduling; (ii) a decrease in the level of wind curtailment, with close agreement between stochastic and deterministic scheduling; and (iii) a decrease in the dispatch of open cycle gas turbine generation, evident with deterministic, and to a lesser extent, with stochastic scheduling
Chance-Constrained AC Optimal Power Flow Integrating HVDC Lines and Controllability
The integration of large-scale renewable generation has major implications on
the operation of power systems, two of which we address in this work. First,
system operators have to deal with higher degrees of uncertainty due to
forecast errors and variability in renewable energy production. Second, with
abundant potential of renewable generation in remote locations, there is an
increasing interest in the use of High Voltage Direct Current lines (HVDC) to
increase transmission capacity. These HVDC transmission lines and the
flexibility and controllability they offer must be incorporated effectively and
safely into the system. In this work, we introduce an optimization tool that
addresses both challenges by incorporating the full AC power flow equations,
chance constraints to address the uncertainty of renewable infeed, modelling of
point-to-point HVDC lines, and optimized corrective control policies to model
the generator and HVDC response to uncertainty. The main contributions are
twofold. First, we introduce a HVDC line model and the corresponding HVDC
participation factors in a chance-constrained AC-OPF framework. Second, we
modify an existing algorithm for solving the chance-constrained AC-OPF to allow
for optimization of the generation and HVDC participation factors. Using
realistic wind forecast data, for 10 and IEEE 39 bus systems with HVDC lines
and wind farms, we show that our proposed OPF formulation achieves good in- and
out-of-sample performance whereas not considering uncertainty leads to high
constraint violation probabilities. In addition, we find that optimizing the
participation factors reduces the cost of uncertainty significantly
Balancing and Intraday Market Design: Options for Wind Integration
EU Member States increase deployment of intermittent renewable energy sources to deliver the 20% renewable target formulated in the European Renewables Directive of 2008. To incorporate these intermittent sources, a power market needs to be flexible enough to accommodate short-term forecasts and quick turn transactions. This flexibility is particularly valuable with respect to wind energy, where wind forecast uncertainty decreases significantly in the final 24 hours before actual generation. Therefore, current designs of intraday and balancing markets need to be altered to make full use of the flexibility of the transmission system and the different generation technologies to effectively respond to increased uncertainty. This paper explores the current power market designs in European countries and North America and assesses these designs against criteria that evaluate whether they are able to adequately handle wind intermittency.Power market design, integrating renewables, wind energy, balancing, intraday
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