Integration in MASCEM of the Joint Dispatch of Energy and Reserves Provided by Generation and Demand Resources

Tiago Soares, Gabriel Santos, Pedro Faria, Tiago Pinto, Zita Vale, Hugo Morais

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Abstract

The provision of reserves in power systems is of great importance in what concerns keeping an adequate and acceptable level of security and reliability. This need for reserves and the way they are defined and dispatched gain increasing importance in the present and future context of smart grids and electricity markets due to their inherent competitive environment. This paper concerns a methodology proposed by the authors, which aims to jointly and optimally dispatch both generation and demand response resources to provide the amounts of reserve required for the system operation. Virtual Power Players are especially important for the aggregation of small size demand response and generation resources. The proposed methodology has been implemented in MASCEM, a multi agent system also developed at the authors’ research center for the simulation of electricity markets
Original languageEnglish
Title of host publicationProceedings of 7th International Conference on Intelligent System Applications to Power Systems
Number of pages6
PublisherIEEE
Publication date2013
Publication statusPublished - 2013
Event17th International Conference on Intelligent Systems Application to Power Systems - Tokyo, Japan
Duration: 1 Jul 20134 Jul 2013
http://www.isc.meiji.ac.jp/~hmori/isap2013/

Conference

Conference17th International Conference on Intelligent Systems Application to Power Systems
CountryJapan
CityTokyo
Period01/07/201304/07/2013
Internet address

Keywords

  • Ancillary services
  • Demand response
  • Joint market simulation
  • Multi agent systems
  • Virtual power player

Cite this

Soares, T., Santos, G., Faria, P., Pinto, T., Vale, Z., & Morais, H. (2013). Integration in MASCEM of the Joint Dispatch of Energy and Reserves Provided by Generation and Demand Resources. In Proceedings of 7th International Conference on Intelligent System Applications to Power Systems IEEE.