Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Economic Model of Ancillary Services in Real Time for Frequency Control

Version 1 : Received: 7 August 2023 / Approved: 8 August 2023 / Online: 8 August 2023 (13:34:09 CEST)

A peer-reviewed article of this Preprint also exists.

Balzer, K.; Lazo, J.; Watts, D. Economic Model of Ancillary Services in Real Time for Frequency Control. Energies 2023, 16, 6378. Balzer, K.; Lazo, J.; Watts, D. Economic Model of Ancillary Services in Real Time for Frequency Control. Energies 2023, 16, 6378.

Abstract

Modern electrical power systems integrate ancillary services to provide security and quality of service in real-time operation because of the intense variations in frequency caused by the massive development and uncertainty of solar-wind generation. Therefore, this ancillary services market focuses on power reserves for secondary and tertiary frequency control. Adjusting reserves and dispatching plants is a manual instruction executed by the system operator to maintain the frequency in the normal operating state (49.80≤f≤50.20 Hz). However, in the absence of an economic model for real-time power reserve reallocation in the ancillary services market, the reserve adjustments made by the system operator are not always optimal since they generate a displacement between the scheduled and actual marginal costs. Then, this work proposes a methodology for operating the ancillary services market in real-time through a dynamic and hourly mathematical model that integrates the variability of solar-wind generation, the demand monitoring curve, and the trajectory of the marginal cost. This model minimizes power reserve costs, which are governed by hourly price auctions, for candidate plants classified as supra/infra-marginal and can optimally reallocate power reserves for secondary and tertiary frequency control.

Keywords

ancillary services; secondary frequency control; tertiary frequency control; real time operation

Subject

Engineering, Electrical and Electronic Engineering

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