A Novel Coordination Scheme of Transaction Scheduling in Multi-Level Power Market
With power system deregulation undergoing worldwide, it's urgent for China to establish multi-level power market in large interconnected power system to better configure energy resources and gain greater economic benefit of power exchanges. But it's not clear how to maintain network security in such environment. This paper therefore suggests a coordination information based security coordination scheme under which the upper-level and lower-level power market can cooperate smoothly for the system security and potential power exchanges among lower-level markets can be greatly boosted. The method of obtaining the coordination information for lower-level market and the transaction scheduling model for upper-level market are also discussed. The suggested scheme is tested on IEEE 30 bus system and proved to be feasible. Numeric results show that the scheme and related algorithms proposed in this paper can make great economic benefit which is near to the ideal results.
R. Bo et al., "A Novel Coordination Scheme of Transaction Scheduling in Multi-Level Power Market," Proceedings of the IEEE Power Engineering Society Transmission and Distribution Conference (2003, Dallas, TX), vol. 1, pp. 85-90, Institute of Electrical and Electronics Engineers (IEEE), Sep 2003.
The definitive version is available at https://doi.org/10.1109/TDC.2003.1335161
IEEE Power Engineering Society Transmission and Distribution Conference (2003: Sep. 7-12, Dallas, TX)
Electrical and Computer Engineering
Keywords and Phrases
Algorithms; Electric Power Plants; Electric Power Systems; Electric Power Transmission; Energy Resources; Problem Solving; Scheduling; Broker Systems; Coordination Information; Power Exchange; Transaction Scheduling; Electric Power System Interconnection; Broker System; Multi-Level Power Market; Pre-Scheduling; Security Coordination
International Standard Book Number (ISBN)
Article - Conference proceedings
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