A Locational Price for Power Injection Fluctuations of Variable Generation and Load
Systems and Control
2020-01-07 v1 Systems and Control
Abstract
In this paper we calculate the incremental system production cost associated with a measure of locational power injection uncertainty that can be interpreted as a locational price for tracking power fluctuations. This Locational Price of Variability (LPV) can be used to allocate charges for regulation reserves by location, and hence, can also be used to value distributed energy storage employed to mitigate such fluctuations. We consider policy changes that could enable the implementation of the LPV.
Keywords
Cite
@article{arxiv.2001.01302,
title = {A Locational Price for Power Injection Fluctuations of Variable Generation and Load},
author = {Adria E. Brooks and Bernard C. Lesieutre},
journal= {arXiv preprint arXiv:2001.01302},
year = {2020}
}
Comments
6 pages. Presented at 10th IREP Bulk Power Systems Dynamics and Control Symposium, September 2017, Espinho Portugal