Short-term operating strategy with consideration of load forecast and generating unit uncertainty

Abstract

One of the common problems faced by many electric utilities concernes with the uncertainty from both load forecast error and generating unit unavailability. This uncertainty might lead to uneconomic operation if if is not managed properly in the planning stage. Utilities may have many operational tools, e.g. unit commitment, economic dispatch. However, they require a proper operating strategy, taking into account uncertainties. This paper explicitly demonstrates how to include the uncertainties to obtain the best operating strategy for any power systems. The uncertainty of the load forecast is handled using decision analysis method, meanwhile the uncertainty of the generating unit is approached by inclusion of risk cost to the total cost. In addition, three spinning reserve strategies based on deterministic criteria are incorporated in the development of scenario. Meanwhile, Mixed Integer Linear Programming method is utilized to generate unit commitment decision in each created scenario. The best strategy which gives the minimum total cost is selected among the developed scenarios. The proposed method has been tested using a modified of IEEE 24-bus system. Sensitivity analysis with respect to the number of unit, expected unserved energy price, standard deviation of load forecast, and probability of load level is reported. © 2007 The Institute of Electrical Engineers of Japan.