Setting the Operating Reserve Using Probabilistic Wind Power Forecasts

• Type: Article in International Scientific Journal
• Date: 2011

Authors

Manuel Matos (Author) FEUP; Bessa, RJ (Author) Other

Journal

Title: IEEE Transactions on Power Systems

Vol. 26 No. 2

Pages: 594-603

ISSN: 0885-8950

Publisher: IEEE

Indexing

ISI Web of Knowledge - 207 Citations

ISI Web of Science

Scopus - 261 Citations

Scientific classification

FOS: Engineering and technology > Electrical engineering, Electronic engineering, Information engineering

CORDIS: Technological sciences > Engineering > Electrical engineering

Other information

Authenticus ID: P-002-S1Q

DOI: 10.1109/tpwrs.2010.2065818

Abstract (EN): In power systems with a large integration of wind power, setting the adequate operating reserve levels is one of the main concerns of system operators (SO). The integration of large shares of wind generation in power systems led to the development of new forecasting methodologies, including probabilistic forecasting tools, but management tools able to use those forecasts to help making operational decisions are still needed. In this paper, a risk evaluation perspective is used, showing that it is possible to describe the consequences of each possible reserve level through a set of risk indices useful for decision making. The new reserve management tool (RMT) described in the paper is intended to support the SO in defining the operating reserve needs for the daily and intraday markets. Decision strategies like setting an acceptable risk level or finding a compromise between economic issues and the risk of loss of load are explored. An illustrative example based on the Portuguese power system demonstrates the usefulness and efficiency of the tool.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 10