Proceedings of the KIEE Conference (대한전기학회:학술대회논문집)
- 2005.07a
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- Pages.801-803
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- 2005
Security Constrained Optimal Power Flow Incorporating Load Curtailment Schedule
부하차단량을 고려한 상정사고 절약 최적조류계산 알고리즘 개발
- Chung, Koo-Hyung (Hongik Univ.) ;
- Kang, Dong-Joo (KERI) ;
- Kim, Bal-Ho (Hongik Univ.)
- Published : 2005.07.18
Abstract
Fundamentally, success of the competitive electricity market is dependent on efficient market design. However, since electricity incorporates various physical constraints as other commodities, the resource assignment (i.e., dispatch scheduling) is also one of requisites for the successful operation of electricity market. Therefore, efficient dispatch scheduling is an important issue to succeed in the deregulated electricity market and the efficiency of this electricity market may be considerably increased by systematic studies on dispatch scheduling algorithm and corresponding constraints, especially system security. Moreover, contrary to traditional vertically-integrated electric power industry condition, since various decision-makings in deregulated electricity market are directly connected with market participants' benefits, only rational dispatch scheduling algorithm can convince these participants. Therefore, it can provide a basis of grievance prevention. In this paper, we propose an algorithm for security constrained dispatch scheduling with respect to load curtailment. Proposed algorithm decomposes the dispatch problem into a master problem corresponding to basecase optimal power flow (OPF) and several subproblems corresponding a series of contingencies using two-stage optimization technique.
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