학술논문
A Market Clearing Mechanism Considering Primary Frequency Response Rate
Document Type
Periodical
Author
Source
IEEE Transactions on Power Systems IEEE Trans. Power Syst. Power Systems, IEEE Transactions on. 36(6):5952-5955 Nov, 2021
Subject
Language
ISSN
0885-8950
1558-0679
1558-0679
Abstract
Prior-art market mechanism designs in the literature do not well distinguish the primary frequency reserve resources with different response rates. This letter proposes a performance ratio that quantifies the relative effectiveness of generators and flexible demand resources in frequency regulation considering their response rates. The performance ratio is incorporated into a real-time market clearing model to optimize both upward and downward primary frequency reserve resources. The proposed method is validated based on the IEEE 118 bus system.