An integrated multiperiod OPF model with demand response and renewable generation uncertainty

Renewable energy sources such as wind and solar have received much attention in recent years, and large amounts of renewable generation are being integrated into electricity networks. A fundamental challenge in power system operation is to handle the intermittent nature of renewable generation. In this paper, we present a stochastic programming approach to solve a multiperiod optimal power flow problem under renewable generation uncertainty. The proposed approach consists of two stages. In the first stage, operating points of the conventional power plants are determined. The second stage realizes generation from the renewable resources and optimally accommodates it by relying on the demand-side flexibilities. The proposed model is illustrated on a 4-bus and a 39-bus system. Numerical results show that substantial benefits in terms of redispatch costs can be achieved with the help of demand side flexibilities. The proposed approach is tested on the standard IEEE test networks of up to 300 buses and for a wide variety of scenarios for renewable generation

Locational marginal price variability at distribution level : a regional study

As distribution systems move towards being more actively managed there is increased potential for regional markets and the application of locational marginal prices (LMPs) to capture spatial variation in the marginal cost of electricity at distribution level. However, with this increased network visibility can come increased price volatility and uncertainty to investors. This paper studies the variation in LMPs in a section of the south west of England distribution network for current and future installed capacity of distributed generation. It has been shown that in an unconstrained network, spatial LMP variation (due to losses) is minimal compared to the temporal variation. In a constrained network, a significant increase in LMP volatility was observed, both spatially and temporally. This could bring risk for generators particularly if they become stranded in low price areas, or flexible demands facing a drop-off in return when constraints are removed

Optimal operation of the Western Link embedded HVDC connection

The Western Link is a new point-to-point embedded HVDC connection due to be commissioned in Great Britain in 2018. This paper investigates the optimal loading of the Western Link with respect to the wider transmission system. The work modelled a representation of behaviour of the wholesale market and system operator actions using mathematical optimisation in the form of an economic dispatch followed by an AC optimal power flow. A range of different system cases was studied using: a representative high voltage transmission network of Great Britain; system planned outages on AC circuits in parallel with the Western Link; system contingencies; and two possible post-contingency Western Link loading rules. It was concluded from the cases studied that the optimal dispatch of power on the Western Link is an affine function of power flow in the parallel AC circuits, modulated by system planned outages and the thermal rating of the Western Link