Abstract:Abstract--This paper analyses the benefits of dynamic line rating (DLR) in the system with high penetration of wind generation. A probabilistic forecasting model for the line ratings is incorporated into a two-stage stochastic optimization model. The scheduling model, for the first time, considers the uncertainty associated with wind generation, line ratings and line outages to co-optimize the energy production and reserve holding levels in the scheduling stage as well as the re-dispatch actions in the real-ti… Show more
“…For a risk-neutral approach, the ratio between reserve costs (0.085%) and benefits (1.01%), i.e. a ratio of 1 to 12, is close to that found in [22].…”
Section: A Traditional Strategiessupporting
confidence: 69%
“…The problem to be solved is the optimal operation of a grid on which some lines are equipped with DLR. It is similar to that formulated in [18] and [22], which assess the DLR value in grid management. Since several uncertainties are involved, a stochastic optimisation approach is applied.…”
Section: Modelling Approachmentioning
confidence: 75%
“…where Ng is a set of conventional generators; I g is a binary variable with value 1 describing a committed generator, and 0 if not; πfuel g is the fuel cost for generator g (€/MWh); πfix g is the commitment price for a conventional generator g (€/h); P g is the scheduled output of generator g (MW); πhup g and πhdo g are the costs for maintaining up and down reserve for a generator g (€/MWh); H g up and H g do are the up and down reserve service holding amounts for generator g (MW); N s is the set of potential future realizations of DLR and other stochastic variable observations, with each scenario having a probability ρ s of occurrence set with probabilistic forecasts; πrup g and πrdo g are the reserve activation costs (€/MWh); and R g,s up and R g,s do are the activated reserves from a generator g at scenario s (MW). The constraints are those of a DC power flow, and are described in [18] and [22]. Here, N-1 constraints are added to account for the risks of line failure, as proposed in [24], which investigates DLR use for transfer capacity setting.…”
Section: A Risk Neutral Strategy -Vertically Integrated Monopolymentioning
Real-time current-carrying capacity of overhead conductors is extremely variable due to its dependence on weather conditions, resulting in the use of traditionally conservative static ratings. This paper proposes a methodology for exploiting the latent current-carrying capacity of overhead transmission lines taking into account line ampacity forecasts, power flow simulations and the network operator's risk aversion. The procedure can be described as follows: Firstly, probabilistic forecasts for the current rating of transmission lines are generated, paying particular attention to the reliability of the lower part of the distribution. Secondly, a cost benefit analysis is carried out by solving a bilevel stochastic problem that takes into account the reduction in generation costs resulting from a higher power transfer capacity and the increased use of reserves caused by forecast errors. The risk appetite of the network operator is considered in order to accept or penalize high-risk situations, depending on whether the network operator can be described as risk neutral or risk averse.
“…For a risk-neutral approach, the ratio between reserve costs (0.085%) and benefits (1.01%), i.e. a ratio of 1 to 12, is close to that found in [22].…”
Section: A Traditional Strategiessupporting
confidence: 69%
“…The problem to be solved is the optimal operation of a grid on which some lines are equipped with DLR. It is similar to that formulated in [18] and [22], which assess the DLR value in grid management. Since several uncertainties are involved, a stochastic optimisation approach is applied.…”
Section: Modelling Approachmentioning
confidence: 75%
“…where Ng is a set of conventional generators; I g is a binary variable with value 1 describing a committed generator, and 0 if not; πfuel g is the fuel cost for generator g (€/MWh); πfix g is the commitment price for a conventional generator g (€/h); P g is the scheduled output of generator g (MW); πhup g and πhdo g are the costs for maintaining up and down reserve for a generator g (€/MWh); H g up and H g do are the up and down reserve service holding amounts for generator g (MW); N s is the set of potential future realizations of DLR and other stochastic variable observations, with each scenario having a probability ρ s of occurrence set with probabilistic forecasts; πrup g and πrdo g are the reserve activation costs (€/MWh); and R g,s up and R g,s do are the activated reserves from a generator g at scenario s (MW). The constraints are those of a DC power flow, and are described in [18] and [22]. Here, N-1 constraints are added to account for the risks of line failure, as proposed in [24], which investigates DLR use for transfer capacity setting.…”
Section: A Risk Neutral Strategy -Vertically Integrated Monopolymentioning
Real-time current-carrying capacity of overhead conductors is extremely variable due to its dependence on weather conditions, resulting in the use of traditionally conservative static ratings. This paper proposes a methodology for exploiting the latent current-carrying capacity of overhead transmission lines taking into account line ampacity forecasts, power flow simulations and the network operator's risk aversion. The procedure can be described as follows: Firstly, probabilistic forecasts for the current rating of transmission lines are generated, paying particular attention to the reliability of the lower part of the distribution. Secondly, a cost benefit analysis is carried out by solving a bilevel stochastic problem that takes into account the reduction in generation costs resulting from a higher power transfer capacity and the increased use of reserves caused by forecast errors. The risk appetite of the network operator is considered in order to accept or penalize high-risk situations, depending on whether the network operator can be described as risk neutral or risk averse.
“…The results showed that the coordination between battery energy system and wind farms can significantly reduce the operation cost and renewable energy curtailment. F. Teng et al analyzed the benefits of dynamic line rating in the transmission system [13]. A scheduling model with consideration of multiple sources of uncertainty including wind generation, line ratings, and line outrages was proposed.…”
“…DTR bring us several benefits [4]. It allows the use of existing transmission assets efficiently, thus improving economic benefits, allows deferral of new transmission lines, it makes it possible to manage more easily contingency conditions.…”
Traditionally, the rating of an overhead transmission line is determined under a set of specified and standardized conditions. However, weather conditions along the line change during operation. Therefore, the standard rating of the line might be either underestimated, leading to inefficient utilization of the line, or overestimated, leading to unsecure operation. This is the major drawback of the traditional approach: the so-called Dynamic Thermal Rating (DTR), that takes into account the actual operating conditions along the line to determine the rating, is today a critical need. In this paper, we develop a comprehensive methodology for exploring all necessary information about stochastic processes of environmental variables surrounding and along the line using available data. The results can be used as input to determine the actual rating of the considered transmission line to enhance the determination of the rating for transmission lines.
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