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Evaluation of load-following reserves for power systems with significant RES penetration considering risk management

dc.contributor.authorPaterakis, N. G.
dc.contributor.authorSánchez de la Nieta, Agustín
dc.contributor.authorCatalão, JPS
dc.contributor.authorBakirtzis, A.G.
dc.contributor.authorNtomaris, A
dc.contributor.authorContreras, Javier
dc.date.accessioned2024-02-07T09:20:55Z
dc.date.available2024-02-07T09:20:55Z
dc.date.issued2015
dc.identifier.citationN. G. Paterakis, A. A. Sánchez de la Nieta, J. P. S. Catalão, A. G. Bakirtzis, A. Ntomaris and J. Contreras, "Evaluation of load-following reserves for power systems with significant RES penetration considering risk management," 2015 IEEE International Conference on Smart Energy Grid Engineering (SEGE), Oshawa, ON, Canada, 2015, pp. 1-6, doi: 10.1109/SEGE.2015.7324574.es
dc.identifier.isbn978-146737932-8
dc.identifier.urihttps://hdl.handle.net/20.500.12412/5072
dc.description.abstractIn this study a novel two-stage stochastic programming based day-ahead joint energy and reserve scheduling model is developed. Demand-side as a reserve resource is explicitly modeled through responsive load aggregations, as well as large industrial consumers that directly participate in the scheduling procedure. Furthermore, a risk-hedging measure is introduced, namely the Conditional Value-at-Risk (CVaR), to analyze the behavior of energy and reserve scheduling by both the generation and the demand-side for a risk-averse ISO. The proposed methodology is tested on the practical non-interconnected insular power system of Crete, Greece, which is characterized by a significant penetration of Renewable Energy Sources (RES).es
dc.description.abstractEs la versión aceptada del documento. Se puede consultar la versión final en el DOI 10.1109/SEGE.2015.7324574es
dc.language.isoenges
dc.titleEvaluation of load-following reserves for power systems with significant RES penetration considering risk managementes
dc.typeconferenceObjectes
dc.identifier.conferenceObjectIEEE International Conference on Smart Energy Grid Engineeringes
dc.identifier.doi10.1109/SEGE.2015.7324574
dc.rights.accessRightsembargoedAccesses
dc.subject.keywordAncillary serviceses
dc.subject.keywordConditional value-at-risk (CVaR)es
dc.subject.keywordDemand responsees
dc.subject.keywordRisk-aversiones


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