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CORR
2010
Springer

Multiple Timescale Dispatch and Scheduling for Stochastic Reliability in Smart Grids with Wind Generation Integration

11 years 5 months ago
Multiple Timescale Dispatch and Scheduling for Stochastic Reliability in Smart Grids with Wind Generation Integration
Integrating volatile renewable energy resources into the bulk power grid is challenging, due to the reliability requirement that at each instant the load and generation in the system remain balanced. In this study, we tackle this challenge for smart grid with integrated wind generation, by leveraging multi-timescale dispatch and scheduling. Specifically, we consider smart grids with two classes of energy users traditional energy users and opportunistic energy users (e.g., smart meters or smart appliances), and investigate pricing and dispatch at two timescales, via day-ahead scheduling and realtime scheduling. In day-ahead scheduling, with the statistical information on wind generation and energy demands, we characterize the optimal procurement of the energy supply and the day-ahead retail price for the traditional energy users; in realtime scheduling, with the realization of wind generation and the load of traditional energy users, we optimize real-time prices to manage the opportunis...
Miao He, Sugumar Murugesan, Junshan Zhang
Added 09 Dec 2010
Updated 09 Dec 2010
Type Journal
Year 2010
Where CORR
Authors Miao He, Sugumar Murugesan, Junshan Zhang
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