Optimal Placement of Distributed Generation Resources in Power Systems Considering Electricity and Reserve Markets

Optimal Placement of Distributed Generation Resources in Power Systems Considering Electricity and Reserve Markets

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Part of #Optimal Placement of Distributed Generation Resources in Power Systems Considering Electricity and Reserve Markets# :

Publishing year : 2015

Conference : International Conference on Science and Engineering

Number of pages : 14

Abstract: In this paper, using a new analytical method based on the iteration and simultaneous maximization of net profit value in investment circulation for wind turbine developers at presence of pumped-hydroelectric energy storage (PHESS) in power systems, improvement and social welfare of Present partners in the energy and reserve markets in a yearly time interval is presented. Obtained results of the proposed method are tested on a standard 14-bus IEEE system. And, by way of analysis and evaluation of the presented method, it has been determined that due to the high elasticity of operating system planning in the pool-based market conditions in the annual horizon, maximizing the investment profit from these resources and other partners under market conditions Is achieved.