Abstract
This paper presents a novel procedure for energy management system (EMS) that can utilize the flexibility in transmission networks in a practical way. With the proposed enhanced EMS procedure, the reliability benefits that are provided by corrective transmission switching (CTS) in real-time contingency analysis can be translated into significant cost savings in real-time security-constrained economic dispatch. Simulation results show that the congestion cost with consideration of CTS is largely reduced as CTS can relieve potential post-contingency network violations. The effects of integrating CTS in existing EMS procedure on markets are also analyzed. In conclusion, this two-part paper shows that CTS can achieve substantial reliability benefits, as well as significant cost savings.
Original language | English (US) |
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Article number | 8736266 |
Pages (from-to) | 4503-4513 |
Number of pages | 11 |
Journal | IEEE Transactions on Power Systems |
Volume | 34 |
Issue number | 6 |
DOIs | |
State | Published - Nov 2019 |
Keywords
- Corrective transmission switching
- energy management systems
- power system reliability
- real-time contingency analysis
- real-time security-constrained economic dispatch
ASJC Scopus subject areas
- Energy Engineering and Power Technology
- Electrical and Electronic Engineering