With the significant penetration of wind generation, the variability and uncertainty of wind energy poses new challenges to power system operations. In particular, more rapid reserve is required, which may result in the scarcity of balancing services. With the increasing penetration of renewable generation, it is envisaged that renewable resources will be required to partake in the system balancing tasks. In this paper, a combined flexible dispatch and reserve scheduling policy is proposed by determining a flexible wind dispatch margin. In order to provide a flexible dispatch margin, wind generators underschedule in the hour-ahead energy market, so as to hold some expected output for reserves. Additional wind energy is then available for mitigating forecast errors and other system uncertainties. This paper presents a framework to find the optimal policy to incorporate the flexible wind dispatch margin into the hour-ahead market. A finite-state Markov chain wind power forecast model, based on spatio-temporal analysis, is utilized. The presented framework is used to find the appropriate level of wind dispatch margin. The proposed approach is tested and the wind generation data are used to analyze the effectiveness of the presented model in coping with forecast errors and achieving a more secure system operation.
ASJC Scopus subject areas
- Renewable Energy, Sustainability and the Environment