INVESTIGATING EFFECT OF USING FAST RAMP RATE OF GENERATING UNITS ON ELECTRICITY PRICE AND ITS VOLATILITY IN SUPPLYING PRIMARY RESERVE

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RAJABI MASHHADI MOSTAFA; SADEGH GHAZIZADEH M.; HOSSEIN JAVIDI M.

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Paper Information

Journal: JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS Year:2013 | Volume:9 | Issue:2 Page(s): 39-48

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Information Journal Paper

Title

INVESTIGATING EFFECT OF USING FAST RAMP RATE OF GENERATING UNITS ON ELECTRICITY PRICE AND ITS VOLATILITY IN SUPPLYING PRIMARY RESERVE

Author(s)

RAJABI MASHHADI MOSTAFA | SADEGH GHAZIZADEH M. | HOSSEIN JAVIDI M. | Issue Writer Certificate

Keywords

FAST RAMP RATEQ3

VOLATILITY PRICEQ3

PRIMARY RESERVEQ3

SIMULTANEOUS SCHEDULINGQ3

FREQUENCY CONTROLQ2

Abstract

Frequency control, as an ancillary service, is usually provided by generation reserves. In modern generating units the ramp rate limit can be selected; e.g. their ramp rate can be selected to be either normal or fast. In this paper, the impact of selecting the FAST RAMP RATE of generating units on electricity price and its volatility is investigated in SIMULTANEOUS SCHEDULING of energy and PRIMARY RESERVE. Simulation results show that using this capability of generating units, results in reduction of both the electricity price and its volatility. While, in minimum load condition, this capability may not necessarily be effective, it will be very essential for peak load condition. The effectiveness of this capability for medium load conditions depends on the load value and the units committed.

Cites

SIMULTANEOUS SCHEDULING OF ENERGY AND PRIMARY RESERVE CONSIDERING CONGESTION CONSTRAINTS IN TRANSMISSION LINES

References

SIMULTANEOUS SCHEDULING OF ENERGY AND PRIMARY FREQUENCY CONTROL RESERVE CONSIDERING TECHNICAL CAPABILITIES OF MODERN GENERATION UNITS

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APA: Copy

RAJABI MASHHADI, MOSTAFA, SADEGH GHAZIZADEH, M., & HOSSEIN JAVIDI, M.. (2013). INVESTIGATING EFFECT OF USING FAST RAMP RATE OF GENERATING UNITS ON ELECTRICITY PRICE AND ITS VOLATILITY IN SUPPLYING PRIMARY RESERVE. JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS, 9(2), 39-48. SID. https://sid.ir/paper/115633/en

Vancouver: Copy

RAJABI MASHHADI MOSTAFA, SADEGH GHAZIZADEH M., HOSSEIN JAVIDI M.. INVESTIGATING EFFECT OF USING FAST RAMP RATE OF GENERATING UNITS ON ELECTRICITY PRICE AND ITS VOLATILITY IN SUPPLYING PRIMARY RESERVE. JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS[Internet]. 2013;9(2):39-48. Available from: https://sid.ir/paper/115633/en

IEEE: Copy

MOSTAFA RAJABI MASHHADI, M. SADEGH GHAZIZADEH, and M. HOSSEIN JAVIDI, “INVESTIGATING EFFECT OF USING FAST RAMP RATE OF GENERATING UNITS ON ELECTRICITY PRICE AND ITS VOLATILITY IN SUPPLYING PRIMARY RESERVE,” JOURNAL OF IRANIAN ASSOCIATION OF ELECTRICAL AND ELECTRONICS ENGINEERS, vol. 9, no. 2, pp. 39–48, 2013, [Online]. Available: https://sid.ir/paper/115633/en

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