SYJan 10, 2016
Stochastic Interchange Scheduling in the Real-Time Electricity MarketYuting Ji, Tongxin Zheng, Lang Tong
The problem of multi-area interchange scheduling in the presence of stochastic generation and load is considered. A new interchange scheduling technique based on a two-stage stochastic minimization of overall expected operating cost is proposed. Because directly solving the stochastic optimization is intractable, an equivalent problem that maximizes the expected social welfare is formulated. The proposed technique leverages the operator's capability of forecasting locational marginal prices (LMPs) and obtains the optimal interchange schedule without iterations among operators.
91.8SYApr 16
Quantifying and Improving the Accuracy of Electromagnetic Transient-Transient Stability Hybrid SimulationBin Wang, Qiang Zhang, Xiaochuan Luo et al.
The increasing penetration of inverter-based resources introduces new dynamic challenges to modern power grids, such as sub- and super-synchronous oscillations and other faster dynamics. These dynamics are typically fast in nature and are difficult to accurately model and analyze using standard transient stability (TS) methods, necessitating the need for electromagnetic transient (EMT) analysis. However, EMT simulations are notoriously slow for large-scale grids due to both equation formulations and computational limitations. To overcome this challenge, EMT-TS hybrid simulation is often used, since it offers a balanced trade-off between accuracy and speed, making it feasible to perform EMT analysis on large systems. One open question about EMT-TS hybrid simulation is the accuracy of the EMT-TS boundary or interface. This paper introduces an error index to quantify EMT-TS hybrid interface errors, identifies conditions where the hybrid simulation approach may become inaccurate, and suggests EMT region expansions to improve the simulation accuracy. Additionally, a three-sequence hybrid interface model is proposed to mitigate inaccuracies caused by unbalanced conditions.