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Record W3158336473 · doi:10.82308/31695

Electricity market-clearing with stochastic security

2006· book· en· W3158336473 on OpenAlexfundno aff
François Bouffard

Bibliographic record

VenueeScholarship@McGill (McGill) · 2006
Typebook
Languageen
FieldEngineering
TopicSmart Grid Energy Management
Canadian institutionsnot available
FundersFonds Québécois de la Recherche sur la Nature et les Technologies
KeywordsClearingMarket clearingElectricity marketElectricityBusinessComputer scienceEconomicsEngineeringElectrical engineeringMicroeconomicsFinance

Abstract

fetched live from OpenAlex

In this dissertation we formulate a short-term electricity market-clearing problem with stochastic security criteria. The proposed stochastic security criteria, snake use of probabilistic measures of the expected bald not served or of the loss-of-load probability associated with the random failures of pre-selected sets of generators, lines as well as load disturbances. We snow that by economically penalizing the operation of the market through the associated demand-side costs of involuntary load shedding, the reserve service requirements are determined implicity, thus removing the needs for specifing any a priori reserve requirements. Under this approach, the market-clearing problem gains in flexibility as it can balance file respective expected costs of: (i) the pre-contingency preventive security control actions that include unit commitment, generation and load dispatch as well as reserve scheduling; (ii) the post-contingency corrective actions that deploy reserves through further unit, commitment decisions and load and generation re-dispatch; and, (iii) any post-contingency involuntary load shedding decisions. Case studies illustrate that electricity market-clearing with stochastic security leads to non-negligible economic savings for society; while it can still ensure that consumers benefit from a secure supply of electricity given how they value load shedding. We derive theoretical results pertaining to the prices of energy and security corresponding to the optimal schedules of the market-clearing process. The key result of this analysis establishes that involuntary load shedding is used after a contingency if and only if the expected marginal costs of scheduling reserves and deploying them are greater than the expected marginal costs of load shedding. We then extend the model of electricity market-clearing with stochastic security by proposing a short-term electricity market-clearing formulation capable of accounting for non-dispatchable and intermittent power generation sources like wind power. We show how the electricity market-clearing model can take into account uncertainties in the next day/hours wind power generation predictions as well as those of the demand. Also, We demonstrate how the market-clearing formulation can integrate the scheduling of a large-scale centralized energy storage infrastructure. Finally we define rigorously the concept of the set of umbrella, contingencies for security-constrained optimal power flow problems, a class of power system scheduling problems to which market-clearing with stochastic: security belongs. We propose an identification method to identify the members of this set by making use of the vector norms of the Lagrange multipliers associated with the post-contingency power balance relations. We suggest a heuristic contingency ranking rule based on those vector norms, and we argue that, the proposed identification rule and ranking method can be of use to system operators when specifying reduced sets of contingencies for security-constrained market-clearing problems.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.008
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Methods · Consensus signal: Methods
Teacher disagreement score0.005
Threshold uncertainty score0.017

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.008
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.001
Science and technology studies0.0010.002
Scholarly communication0.0030.003
Open science0.0010.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0050.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.006
GPT teacher head0.168
Teacher spread0.162 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2006
Admission routes1
Has abstractyes

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