An 8-Zone Test System Based on ISO New England Data: Development and Application
Dheepak Krishnamurthy,
Wanning Li and
Leigh Tesfatsion ()
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
This study develops an open-source 8-zone test system for teaching, training, and research purposes that is based on ISO New England structural attributes and data. The test system models an ISO-managed wholesale power market populated by a mix of generating companies and load-serving entities that operates through time over an 8-zone AC transmission grid. The modular extensible architecture of the test system permits a wide range of sensitivity studies to be conducted. To illustrate the capabilities of the test system, we report energy cost-savings outcomes for a comparative study of stochastic versus deterministic DAM security constrained unit commitment (SCUC) formulations under systematically varied reserve requirement levels for the deterministic formulation.
Date: 2016-01-01
New Economics Papers: this item is included in nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201601010800001449
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