An Economic evaluation tool of inertia services for systems with integrated wind power and fast-acting storage resources

Ti Xu, Wonhyeok Jang, Thomas Overbye

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

As the increasing utilization of wind resources and lightweight gas turbine units, the power grid is shifting towards a situation with declining system inertia, which causes a larger frequency deviation after disturbances and threatens the reliability of the grid. Thus, we devote this work to develop an appropriate tool to determine the economic value of the inertia to the systems. To do so, we discretize and integrate the system dynamic equations into a modified version of the linear security-constrained unit commitment framework. Since the fast-acting storage devices are able to respond in a very short time, we also develop a storage control scheme to mimic the inertia and to provide primary frequency responses. We perform extensive studies on the IEEE 24-bus reliability test system and present some illustrative simulation results to demonstrate the effectiveness of the proposed method to assess the economic value of the power system inertia.

Original languageEnglish (US)
Title of host publicationProceedings of the 49th Annual Hawaii International Conference on System Sciences, HICSS 2016
EditorsRalph H. Sprague, Tung X. Bui
PublisherIEEE Computer Society
Pages2456-2465
Number of pages10
ISBN (Electronic)9780769556703
DOIs
StatePublished - Mar 7 2016
Event49th Annual Hawaii International Conference on System Sciences, HICSS 2016 - Koloa, United States
Duration: Jan 5 2016Jan 8 2016

Publication series

NameProceedings of the Annual Hawaii International Conference on System Sciences
Volume2016-March
ISSN (Print)1530-1605

Other

Other49th Annual Hawaii International Conference on System Sciences, HICSS 2016
CountryUnited States
CityKoloa
Period1/5/161/8/16

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Keywords

  • Economic evaluation
  • Fast-acting storage
  • Primary frequency responses
  • Resource inertia
  • Security-constrained unit commitment

ASJC Scopus subject areas

  • Engineering(all)

Cite this

Xu, T., Jang, W., & Overbye, T. (2016). An Economic evaluation tool of inertia services for systems with integrated wind power and fast-acting storage resources. In R. H. Sprague, & T. X. Bui (Eds.), Proceedings of the 49th Annual Hawaii International Conference on System Sciences, HICSS 2016 (pp. 2456-2465). [7427490] (Proceedings of the Annual Hawaii International Conference on System Sciences; Vol. 2016-March). IEEE Computer Society. https://doi.org/10.1109/HICSS.2016.307