A Study on the Social Benefit Maximizing Reserve Pricing

예약요금제에서 사회적 이익을 고려한 예비력 요금에 관한 연구

  • Published : 1995.07.20

Abstract

This paper presents a theory on the pricing and allocation of spinning reserve. It is shown in this paper, that it is possible to maintain system security with many participants each attempting to optimize their own benefit, through pricing incentive. Participant offers power consumption/generation and reserve contribution according to its price. And Price setter only distribute pricing signal to acquire system security. Participants induce disturbance on power system and they pay the penalty according to the size of disturbance. And they also offers some reserve capacity to earn reserve cost. In this scheme, the amount of data communication is very small.

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