The increasing penetration of renewable energy sources characterized by a high degree of variability and uncertainty is a complex challenge for network operators that are obligated to ensure their connection while keeping the quality and security of supply. In order to deal with this variable behavior and forecast uncertainty, the distribution networks are equipped with flexible distributed energy resources cap...
This paper addresses a critical analysis of the impact of the wind ramp events with unforeseen magnitude in power systems at the very short term, modeling the response of the operational reserve against this type of phenomenon. A multi-objective approach is adopted, and the properties of the Pareto-optimal fronts are analyzed in cost versus risk, represented by a worst scenario of load curtailment. To complete ...
A novel faults analysis method with multiple PV grid-connected inverters for distribution systems is proposed. The aforesaid proposed method Inverter Matrix Impedance Current Vector (IMICV) employs symmetrical components combined with a matrix denominated of Inverter Matrix Impedance and with a vector denominated Impedance-Current Vector which are formed by inspection. This matrix and this vector are used to so...
In this paper, we analyze how demand dispatch combined with the use of probabilistic wind power forecasting can help accommodate large shares of wind power in electricity market operations. We model the operation of day-ahead and real-time electricity markets, which the system operator clears by centralized unit commitment and economic dispatch. We use probabilistic wind power forecasting to estimate dynamic op...
This paper discusses the potential use of probabilistic wind power forecasting in electricity markets, with focus on the scheduling and dispatch decisions of the system operator. We apply probabilistic kernel density forecasting with a quantile-copula estimator to forecast the probability density function, from which forecasting quantiles and scenarios with temporal dependency of errors are derived. We show how...
This paper presents a new model for optimal trading of wind power in day-ahead (DA) electricity markets under uncertainty in wind power and prices. The model considers settlement mechanisms in markets with locational marginal prices (LMPs), where wind power is not necessarily penalized from deviations between DA schedule and real-time (RT) dispatch. We use kernel density estimation to produce a probabilistic wi...
In this paper, we investigate the representation of wind power forecasting (WPF) uncertainty in the unit commitment (UC) problem. While deterministic approaches use a point forecast of wind power output, WPF uncertainty in the stochastic UC alternative is captured by a number of scenarios that include cross-temporal dependency. A comparison among a diversity of UC strategies (based on a set of realistic experim...