Designing ancillary services markets for power system security

A. Maree, Bolton Zammit, David J. Hill, R. John Kaye

Research output: Contribution to journalArticleResearchpeer-review

46 Citations (Scopus)

Abstract

A framework for ensuring power system security in competitive electricity markets is developed, based on a market for ancillary services. The ancillary services market is designed to integrate with a spot market for electricity, and market operation is based on a set of transparent and repeatable market rules. These rules provide the analytical basis for the algorithm that determines which ancillary service offers should be accepted to optimize system security for least overall cost. The approach is demonstrated for voltage control of a nine bus test system.

Original languageEnglish
Pages (from-to)675-680
Number of pages6
JournalIEEE Transactions on Power Systems
Volume15
Issue number2
DOIs
Publication statusPublished - May 2000
Externally publishedYes

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