A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads

Flexible loads have flexibility and variability in time and space, and they have been widely studied by scholars. However, the research on the participation of flexible loads in market clearing and safety checking is still insufficient. We propose a market clearing and safety checking method for mul...

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Main Authors: Dong Hua, Wutao Chen, Cong Zhang
Format: Article
Language:English
Published: MDPI AG 2020-07-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/13/15/3771
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author Dong Hua
Wutao Chen
Cong Zhang
author_facet Dong Hua
Wutao Chen
Cong Zhang
author_sort Dong Hua
collection DOAJ
description Flexible loads have flexibility and variability in time and space, and they have been widely studied by scholars. However, the research on the participation of flexible loads in market clearing and safety checking is still insufficient. We propose a market clearing and safety checking method for multi-type units that considers flexible loads. First, the flexible load is divided into reducible loads, shiftable loads, and convertible loads, and its mathematical model is established. Then, the convertible loads are considered in the market clearing model, and the power management agency executes the market clearing procedure to obtain the clearing result. When the line power exceeds the limit as a result of clearing, the power flow of the branches and sections is eliminated by adjusting the unit output and reducing the flexible load at the same time, and a safety checking model considering load reduction is established. The marginal electricity price of the nodes is obtained by the interior point method, and we solve the model by calling the CPLEX (v12.7.1) solver in GAMS (General Algebraic Modeling System v24.9.1). We use a regional power grid of 220 kV and above as an example for analysis; the results show that the proposed method can reduce the marginal electricity price of the nodes, reduce the cost of safety checking, and improve the safety of the market clearing.
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spelling doaj.art-37a9d5dd612745338dbc8e6d28dbb5782023-11-20T07:35:41ZengMDPI AGEnergies1996-10732020-07-011315377110.3390/en13153771A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible LoadsDong Hua0Wutao Chen1Cong Zhang2School of Electric Power, South China University of Technology, Guangzhou 510641, ChinaSchool of Electric Power, South China University of Technology, Guangzhou 510641, ChinaSchool of Electrical and Information Engineering, Hunan University, Changsha 410082, ChinaFlexible loads have flexibility and variability in time and space, and they have been widely studied by scholars. However, the research on the participation of flexible loads in market clearing and safety checking is still insufficient. We propose a market clearing and safety checking method for multi-type units that considers flexible loads. First, the flexible load is divided into reducible loads, shiftable loads, and convertible loads, and its mathematical model is established. Then, the convertible loads are considered in the market clearing model, and the power management agency executes the market clearing procedure to obtain the clearing result. When the line power exceeds the limit as a result of clearing, the power flow of the branches and sections is eliminated by adjusting the unit output and reducing the flexible load at the same time, and a safety checking model considering load reduction is established. The marginal electricity price of the nodes is obtained by the interior point method, and we solve the model by calling the CPLEX (v12.7.1) solver in GAMS (General Algebraic Modeling System v24.9.1). We use a regional power grid of 220 kV and above as an example for analysis; the results show that the proposed method can reduce the marginal electricity price of the nodes, reduce the cost of safety checking, and improve the safety of the market clearing.https://www.mdpi.com/1996-1073/13/15/3771flexible loadsmarket clearingsafety checkinginterior point method
spellingShingle Dong Hua
Wutao Chen
Cong Zhang
A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads
Energies
flexible loads
market clearing
safety checking
interior point method
title A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads
title_full A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads
title_fullStr A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads
title_full_unstemmed A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads
title_short A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads
title_sort novel market clearing and safety checking method for multi type units that considers flexible loads
topic flexible loads
market clearing
safety checking
interior point method
url https://www.mdpi.com/1996-1073/13/15/3771
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