Study on Reserve Requirement for Wind Power Penetration based on the Cost/Reliability Analysis

Abstract

As the introduction of wind power is steadily increasing, negative effects of wind power become more important. To operate a power system more reliable, the system operator needs to recognize the maximum required capacity of available generators for a certain period. For recognizing the maximum capacity, this paper proposes a methodology to determine an optimal reserve requirement considering wind power, for the certain period in the mid-term perspective. As wind speed is predicted earlier, the difference of the forecasted and the actual wind speed becomes greater. All possible forecast errors should be considered in determining optimal reserve, and they are represented explicitly by the proposed matrix form in this paper. In addition, impacts of the generator failure are also analyzed using the matrix form. Through three main stages which are the scheduling, contingency and evaluation stages, costs associated with power generation, reserve procurement and the usage, and the reliability cost are calculated. The optimal reserve requirement is determined so as to minimize the sum of these costs based on the cost/reliability analysis. In case study, it is performed to analyze the impact of wind power penetration on the reserve requirement, and how major factors affect it.