Ancillary service market simulation

Power systems operation in a liberalized environment requires that market players have access to adequate decision support tool, allowing them to consider all the business opportunities and take strategic decisions. Ancillary services represent a good negotiation opportunity that must be considered...

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Bibliographic Details
Published in2009 Transmission & Distribution Conference & Exposition: Asia and Pacific pp. 1 - 4
Main Authors Vale, Z.A., Ramos, C., Faria, P., Soares, J.P., Canizes, B.R., Khodr, H.M.
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.10.2009
Subjects
Asia
Automatic generation control
Automatic voltage control
Demand response
Distributed control
distribution network
electricity markets
Electricity supply industry
Knowledge engineering
loads
multi-agent systems
Power system simulation
Power system stability
power systems
Production
simulation
Testing
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Summary:Power systems operation in a liberalized environment requires that market players have access to adequate decision support tool, allowing them to consider all the business opportunities and take strategic decisions. Ancillary services represent a good negotiation opportunity that must be considered by market players. For this, decision support tools must include ancillary market simulation. This paper deals with ancillary services negotiation in electricity markets. The proposed concepts and methodologies are implemented in MASCEM, a multi-agent based electricity market simulator. A test case concerning the dispatch of ancillary services using two different methods (linear programming and genetic algorithm approaches) is included in the paper.
ISSN:2160-8636
2160-8644
DOI:10.1109/TD-ASIA.2009.5356980