Risk Analysis and Utility Function-Based Decision-Making Model for Spinning Reserve Allocations

Risk Analysis and Utility Function-Based Decision-Making Model for Spinning Reserve Allocations

Spinning reserve (SR) is an essential resource for system operators to compensate for unpredictable imbalances between load and generation caused by sudden unit outages and unforeseen fluctuations of load demand and wind power. System operators could face many alternative SR allocations determined b...

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Bibliographic Details
Main Authors: Lun Ye, Jiangang Yao, Xu Ouyang, Xiangqian Zhu, Shengjie Yang
Format: Article
Language:English
Published: IEEE 2021-01-01
Series:IEEE Access
Subjects:
Spinning reserve
uncertainty
risk analysis
utility theory
electricity
Online Access:https://ieeexplore.ieee.org/document/9335689/

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