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Secured Reserve Scheduling of Pumped-Storage Hydropower Plants in ISO Day-Ahead Market
IEEE Transactions on Power Systems
  • Lei Wu
  • Yikui Liu
  • Yafei Yang
  • Yonghong Chen
  • Ross Baldick
  • Rui Bo, Missouri University of Science and Technology
Abstract

Due to the fast response ability and high ramping rates, pumped-storage hydropower (PSH) plants are playing an increasingly critical role in mitigating power generation fluctuations induced by the growing proliferation of renewable energy resources. However, because they are energy-limited resources, actual reserve deployment from PSHs would cause the deviation of state-of-charge (SOC) from the scheduled value, which, once accumulated over time, could induce potential violations on SOC limits and cause non-dispatchability of PSHs. In recognizing this potential issue, it can become important to securing the reserve schedule of PSHs and other energy limited resources preventively in the day-ahead market clearing. To ensure reserve dispatchability of PSHs despite SOC deviations, this paper proposes the reserve secure constraints, which are cast as a distributionally robust chance-constrained formulation by judiciously introducing random parameters to describe deployment ratios of scheduled regulation reserve from PSHs. These constraints are converted into tractable second-order cone constraints, and further approximated as linear constraints to be compatible with the current ISO day-ahead market clearing model. A modified IEEE 118-bus system with multiple PSHs is adopted to verify the proposed approach.

Department(s)
Electrical and Computer Engineering
Research Center/Lab(s)
Intelligent Systems Center
Keywords and Phrases
  • Energy Storage,
  • Fluctuations,
  • Hydroelectric Power Generation,
  • Regulation,
  • Renewable Energy Sources,
  • Security,
  • Stochastic Processes
Document Type
Article - Journal
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2021 Institute of Electrical and Electronics Engineers (IEEE), All rights reserved.
Publication Date
11-1-2021
Publication Date
01 Nov 2021
Citation Information
Lei Wu, Yikui Liu, Yafei Yang, Yonghong Chen, et al.. "Secured Reserve Scheduling of Pumped-Storage Hydropower Plants in ISO Day-Ahead Market" IEEE Transactions on Power Systems Vol. 36 Iss. 6 (2021) p. 5722 - 5733 ISSN: 0885-8950; 1558-0679
Available at: http://works.bepress.com/rui-bo/102/