TAILIEUCHUNG - Different models for LMP calculation in wholesale power markets considering active power reserves: A comparison

This paper compares the DC optimal power flow (DCOPF) model and AC optimal power flow (ACOPF) that are used to calculate LMP in the wholesale electricity market. The study takes into account the price-sensitive loads and active power reserves. DCOPF model has 2 forms: DCOPF without losses and iterative DCOPF with losses. | Journal of Science & Technology 123 (2017) 001-006 Different Models for LMP Calculation in Wholesale Power Markets Considering Active Power Reserves: a Comparison Pham Nang Van*, Nguyen Dong Hung, Nguyen Duc Huy Hanoi University of Science and Technology, No. 1, Dai Co Viet Str., Hai Ba Trung, Ha Noi, Viet Nam Received: June 06, 2016; Accepted: November 03, 2017 Abstract Locational marginal price (LMP) is an important element in the operation of electricity markets. LMP is used to determine payments in the electricity markets, to derive bidding strategies of market participants, and to make plan for new transmission lines and power plants. This paper compares the DC optimal power flow (DCOPF) model and AC optimal power flow (ACOPF) that are used to calculate LMP in the wholesale electricity market. The study takes into account the price-sensitive loads and active power reserves. DCOPF model has 2 forms: DCOPF without losses and iterative DCOPF with losses. Fictitious nodal demand (FND) is used to calculate marginal loss component of LMP. In addition, branch flow limits are also adjusted in the iterative DCOPF model. LMPs, active power outputs and reserves of generators are illustrated on a 3 bus system. Keywords: Locational * marginal prices (LMP), wholesale power markets, active power reserves, DCOPF, ACOPF, fictitious nodal demand (FND). Nomenclature λGib PGib RR + λ Gi RR − λ Gi λSR Gi XR λ Gi RR + PGi SR PGi XR PGi λ Djk PDjk + λ RR b λ CR b λ OR b + A RR b A OR b Contingency Reserve Power block b bid by Area (variable) Operation Reserve Power block b bid by Area (variable) E PDj Elastic power of demand j A CR b Price of the energy block b offered by generating unit i (constant) Power of the energy block b offered by generating unit i (variable) Price of Up Regulation Reserve (RR) offered by generating unit i (constant) Price of Down Regulation Reserve offered by generating unit i (constant) Price of Spinning Reserve (SR) offered by generating .

• Năng lượng
• Journal of Science and Technology
• Different models for LMP calculation
• Wholesale power markets considering active power reserves
• Active power reserves
• AC optimal power flow
• The DC optimal power flow
• Journal of Marine science and Technology
• Marine science and Technology
• Marine science and Technology no 56
• Marine science and Technology year 2018
• Evaluation method
• Electrical energy management model
• Marine science and Technology no 53
• Diesel engines
• Journal of Fisheries science and Technology
• Fisheries science and Technology
• Fisheries science and Technology no 3
• Fisheries science and Technology year 2016
• Striped catfish
• Common carp cyprinus carpio
• Fisheries science and Technology no 4
• Fisheries science and Technology year 2018
• Coastal fi shing activities
• White striped cleaner shrimp
• Journal of Science
• Journal of Technology
• Technology Management
• Science and Technology
• International integration
• Science and Technology Strategy
• Evaluation of science and technology
• Global journal of computer science
• Global journal of computer science and technology
• Information & technology
• GIS based fire emergency response system
• Marine science and technology no 61
• Actual GPS receivers
• Display information on stability
• Nuclear science and technology
• The journal of Nuclear science and technology
• Rotary rack served for elemental concentration
• Seawaterusing co precipitation method
• Natural radionuclides
• Experimental data
• Low energy experiments
• Multigroup cross sections
• Stable isotopic values
• Radial blanket
• Dissolved nitrogen compounds
• Irradiation channels
• Neutron rich nuclei
• Prescila neutron probe
• Full core conversion
• Multipurpose research reactor
• Aquatic environment
• Geochemical parameters
• External reactor vessel cooling method
• Radiation crosslinked scaffolds
• Adipose derived stem cell culture
• Treatment plans
• Minor actinide compositions
• IM NAA of non standard geometrical samples
• Cross shaped obstacle
• University entrepreneurship
• Entrepreneurial research university
• Technology innovation
• Industry university cooperation
• Regional innovation
• Journal of technology and science education
• Bring science and technology closer to secondary school
• Technology closer to secondary school
• Secondary school teachers
• Face to face
• Technology development
• Technology commercialization
• The role of informal science centers in science education
• Informal science center
• Attudes toward science
• Scientfic thinking skills
• Scientific research
• Research quality
• Strategy and policy
• Research Organizations
• Policy Planning
• Science and Technology development
• Theory Z
• Human Resources
• Development policy of Japan
• ‘Standards’ on the bench
• Technological literacy render an adequate image of technology
• Adequate image of technology
• Standards for technological literacy
• Philosophy of technology
• The nature of technology
• Concepts of technology
• Post secondary project based learning in science
• Post secondary project based learning in technology
• Post secondary project based learning in engineering and mathematics
• Post secondary project