Reliability/Cost Evaluation on Power System connected with Wind Power for the Reserve Estimation

Go-Eun Lee, Seung-Tae Cha, Je-Seok Shin, Jin-O Kim

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Wind power is ideally a renewable energy with no fuel cost, but has a risk to reduce reliability of the whole system because of uncertainty of the output. If the reserve of the system is increased, the reliability of the system may be improved. However, the cost would be increased. Therefore the reserve needs to be
estimated considering the trade-off between reliability and economic aspects. This paper suggests a methodology to estimate the appropriate reserve, when wind power is connected to the power system. As a case study, when wind power is connected to power system of Korea, the effects on reliability and economic aspects according to various reserve capacity is evaluated at HLII level and the appropriate reserve is determined.
Original languageEnglish
Title of host publicationLatest Trends in Circuits, Automatic Control and Signal Processing. Proceedings of the 3rd International conference on Circuits, Systems, Control, Signals (CSCS'12)
Number of pages6
Publication date2012
Pages266-271
ISBN (Print)978-1-61804-131-9
Publication statusPublished - 2012
Event3rd International Conference on CIRCUITS, SYSTEMS, CONTROL and SIGNALS - Barcelona, Spain
Duration: 17 Oct 201219 Oct 2012

Conference

Conference3rd International Conference on CIRCUITS, SYSTEMS, CONTROL and SIGNALS
CountrySpain
CityBarcelona
Period17/10/201219/10/2012

Keywords

  • Wind Power
  • Reserve Estimation
  • Reliability Evaluation
  • Reliability Cost
  • Operation Cost

Cite this

Lee, G-E., Cha, S-T., Shin, J-S., & Kim, J-O. (2012). Reliability/Cost Evaluation on Power System connected with Wind Power for the Reserve Estimation. In Latest Trends in Circuits, Automatic Control and Signal Processing. Proceedings of the 3rd International conference on Circuits, Systems, Control, Signals (CSCS'12) (pp. 266-271)
Lee, Go-Eun ; Cha, Seung-Tae ; Shin, Je-Seok ; Kim, Jin-O. / Reliability/Cost Evaluation on Power System connected with Wind Power for the Reserve Estimation. Latest Trends in Circuits, Automatic Control and Signal Processing. Proceedings of the 3rd International conference on Circuits, Systems, Control, Signals (CSCS'12). 2012. pp. 266-271
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Lee, G-E, Cha, S-T, Shin, J-S & Kim, J-O 2012, Reliability/Cost Evaluation on Power System connected with Wind Power for the Reserve Estimation. in Latest Trends in Circuits, Automatic Control and Signal Processing. Proceedings of the 3rd International conference on Circuits, Systems, Control, Signals (CSCS'12). pp. 266-271, 3rd International Conference on CIRCUITS, SYSTEMS, CONTROL and SIGNALS , Barcelona, Spain, 17/10/2012.

Reliability/Cost Evaluation on Power System connected with Wind Power for the Reserve Estimation. / Lee, Go-Eun; Cha, Seung-Tae; Shin, Je-Seok; Kim, Jin-O.

Latest Trends in Circuits, Automatic Control and Signal Processing. Proceedings of the 3rd International conference on Circuits, Systems, Control, Signals (CSCS'12). 2012. p. 266-271.

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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AU - Shin, Je-Seok

AU - Kim, Jin-O

PY - 2012

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N2 - Wind power is ideally a renewable energy with no fuel cost, but has a risk to reduce reliability of the whole system because of uncertainty of the output. If the reserve of the system is increased, the reliability of the system may be improved. However, the cost would be increased. Therefore the reserve needs to beestimated considering the trade-off between reliability and economic aspects. This paper suggests a methodology to estimate the appropriate reserve, when wind power is connected to the power system. As a case study, when wind power is connected to power system of Korea, the effects on reliability and economic aspects according to various reserve capacity is evaluated at HLII level and the appropriate reserve is determined.

AB - Wind power is ideally a renewable energy with no fuel cost, but has a risk to reduce reliability of the whole system because of uncertainty of the output. If the reserve of the system is increased, the reliability of the system may be improved. However, the cost would be increased. Therefore the reserve needs to beestimated considering the trade-off between reliability and economic aspects. This paper suggests a methodology to estimate the appropriate reserve, when wind power is connected to the power system. As a case study, when wind power is connected to power system of Korea, the effects on reliability and economic aspects according to various reserve capacity is evaluated at HLII level and the appropriate reserve is determined.

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KW - Operation Cost

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Lee G-E, Cha S-T, Shin J-S, Kim J-O. Reliability/Cost Evaluation on Power System connected with Wind Power for the Reserve Estimation. In Latest Trends in Circuits, Automatic Control and Signal Processing. Proceedings of the 3rd International conference on Circuits, Systems, Control, Signals (CSCS'12). 2012. p. 266-271