EconPapers    
Economics at your fingertips  
 

A risk evaluation method for ramping capability shortage in power systems

C.G. Min, J.K. Park, D. Hur and M.K. Kim

Energy, 2016, vol. 113, issue C, 1316-1324

Abstract: This paper describes a risk evaluation method for RC (ramping capability) shortage. Two major uncertainties in power systems are considered: failure of generating units and NLFE (net load forecast error). The failure probability of generating units is calculated using a Markov-chain-based capacity state model. The NLFE is assumed to follow a normal distribution, which is represented using a seven-step approximation. The risk of RC shortage is evaluated using an index termed the RSE (RC shortage expectation), which is defined as the sum of the probabilities that the RC requirement will be not satisfied by the system. A case study was then carried out using a modified IEEE-RTS-96 to investigate the applicability of the method. Sensitivity analysis was performed to determine the relationship between the RSE and the installed capacity of wind farms, the reserve requirement, and the failure rate of the largest unit.

Keywords: Generator failure; Markov chain model; NLFE (Net load forecast error); RSE (Ramping capability shortage expectation); Risk evaluation; Sensitivity analysis (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544216302675
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:113:y:2016:i:c:p:1316-1324

DOI: 10.1016/j.energy.2016.03.023

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:energy:v:113:y:2016:i:c:p:1316-1324