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An approach to determine spinning reserve requirements in a deregulated electricity market

Porkar, S ; Sharif University of Technology | 2006

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  1. Type of Document: Article
  2. DOI: 10.1109/PSCE.2006.296499
  3. Publisher: 2006
  4. Abstract:
  5. To make the energy market reliable and transactions deliverable, transmission owners must provide required ancillary services that are critical to ensure transmission open access, and to maintain an acceptable level of power system security. Spinning reserve is one of the most important ancillary services required to maintain system reliability in case of occurring a contingency. By definition, spinning reserve is the unloaded section of synchronized generation that is able to respond immediately to serve load. Studies indicate that spinning reserve requirements have significant impacts on the energy market. A new spinning reserve market structure is proposed in this paper to best utilize the available resources to meet load and spinning reserve requirements with the transmission constraints while maintaining system security in the context of an energy market. © 2006 IEEE
  6. Keywords:
  7. Ancillary service ; Deregulated electricity market ; Energy markets ; Independent system operators ; Market simulation ; Power system security ; Significant impacts ; Spinning reserve ; Spinning reserves ; System reliability ; System security ; Transmission constraint ; Transmission open access ; Transmission owners ; Commerce ; Electric power transmission ; Electric utilities ; Power transmission ; Deregulation
  8. Source: 2006 IEEE PES Power Systems Conference and Exposition, PSCE 2006, Atlanta, GA, 29 October 2006 through 1 November 2006 ; 2006 , Pages 1341-1344 ; 142440178X (ISBN); 9781424401789 (ISBN)
  9. URL: https://ieeexplore.ieee.org/document/4075938