Optimal power flow with expected security costs

This paper discusses the expected-security-cost optimal power flow (ESCOPF) problem. The objective of the problem is to minimize the expected total cost of system operation subject to power system constraints and expected security costs. The probabilities of operating in the pre-contingency operatin...

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Published inIEEE transactions on power systems Vol. 21; no. 2; pp. 541 - 547
Main Authors Condren, J., Gedra, T.W., Damrongkulkamjorn, P.
Format Journal Article
LanguageEnglish
Published New York IEEE 01.05.2006
The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects
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ISSN0885-8950
1558-0679
DOI10.1109/TPWRS.2006.873114

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Abstract This paper discusses the expected-security-cost optimal power flow (ESCOPF) problem. The objective of the problem is to minimize the expected total cost of system operation subject to power system constraints and expected security costs. The probabilities of operating in the pre-contingency operating state and the probabilities of operating in all possible post-contingency states are considered. In addition, the ESCOPF problem includes the cost of interrupting customer load and the cost of generator ramping, which may be necessary when a contingency occurs. The solution to the ESCOPF problem gives information regarding the marginal value of spinning reserve and the marginal value of interruptible load. A graphical tool is used to view the problem solution.
AbstractList This paper discusses the expected-security-cost optimal power flow (ESCOPF) problem. The objective of the problem is to minimize the expected total cost of system operation subject to power system constraints and expected security costs. The probabilities of operating in the pre-contingency operating state and the probabilities of operating in all possible post-contingency states are considered. In addition, the ESCOPF problem includes the cost of interrupting customer load and the cost of generator ramping, which may be necessary when a contingency occurs. The solution to the ESCOPF problem gives information regarding the marginal value of spinning reserve and the marginal value of interruptible load. A graphical tool is used to view the problem solution.
Author Damrongkulkamjorn, P.
Gedra, T.W.
Condren, J.
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Snippet This paper discusses the expected-security-cost optimal power flow (ESCOPF) problem. The objective of the problem is to minimize the expected total cost of...
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SubjectTerms Contingency
Control systems
Cost function
Costs
Councils
Generators
Load flow
Optimal power flow (OPF)
Optimization
Power flow
Power generation
Power system analysis computing
Power system planning
Power system security
preventive control
Reserves
Security
social-welfare maximization
Spinning
Stability analysis
Title Optimal power flow with expected security costs
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