With further development of restructuring in power industry, it's urgent and necessary to establish multilevel power market in large interconnected power systems in order to better configure energy resources in a larger scope and gain greater economic benefit of power exchange. This paper puts strong emphasis upon system security coordination problem in a multilevel market, which is one of the key problems encountered in such environment. After careful analysis and comparison of several proposed alternatives, a sequential security coordination scheme that is based on two sets of coordination information is recommended. Under this scheme 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 related topics and results of a case study are also introduced. It is concluded that this scheme is excellent for its high economics, low complexity, fair flexibility and easy generalization.
- Commerce,
- Economics,
- Electric Power System Economics,
- Electric Power System Interconnection,
- Electric Power Transmission,
- Electric Rates,
- Electric Utilities,
- Energy Resources,
- Industrial Economics,
- Power Markets,
- Power Quality,
- Security of Data,
- Environmental Economics,
- Power Generation Economics,
- Power Industry,
- Power System Analysis,
- Power System Economics,
- Power System Interconnection,
- Power System Security,
- Electric Power System Security,
- Electricity Supply Industry,
- Information Security,
- Power System Analysis Computing
Available at: http://works.bepress.com/rui-bo/61/