Strategic bidding in joint energy and spinning reserve markets is a challenging task from the viewpoint of generation companies (GenCos). In this paper, the interaction between energy and spinning reserve markets is modeled considering a joint probability density function for the prices of these markets. Considering pay-as-bid pricing mechanism, the bidding problem is formulated and solved as a...

due to uncertain nature of wind and photovoltaic power units, the participation of this units in electricity markets is subjected to significant deviation penalties. this issue leads to despondency or even admission of these units in the competitive environment. with regard to this fact that the low deviations are available when predictions are performed in a short-term horizon and also distrib...

This document proposes a definition of spinning reserve. It also compares the amount asked by TSOs in several systems according to this definition. What is spinning reserve?

this paper proposes a novel technique for solving generation scheduling and ramp rate constrained unit commitment. a modified objective function associated with a new start-up cost term is introduced in this paper. the proposed method is used to solve generating scheduling problem satisfying srr, minimum up and down time as well as ramp rate constraints. two case studies are conducted to implem...

In the future, automated demand response mechanisms will be used as spinning reserve. Demand response in the smart grid must be resilient to cyber-physical threats. In this paper, we evaluate the resilience of demand response when used as spinning reserve in the presence of cyber-physical threats. We quantify this evaluation by correlating the stability of the system in the presence of attacks ...

in this article using comparative multi-purpose algorithm of pso, optimum capacity of new resources and their spinning storage is defined. spinning reserve requirements and optimized to maximize profit per unit is determined according to uncertainty. in fact by increasing the level of cost reservation, power supply increases but penalty of blackout decreases. in this paper in has been tried to ...

Spinning reserve allocation is a critical problem for active power dispatch with large-scale wind power penetration. A risk-based reserve allocation method that accounts multiple control sub-area coordination is given in this paper. And a multi-objective optimization model is constructed to schedule the spinning generation reserve for online active power dispatch. A fuzzy optimization method is...

This paper demonstrates a method to how reserve capacity and cost allocation could be determined in a pool-based and disaggregated market model. The method considers both the spinning reserve and interruptible loads as the operating reserve services. In the proposed market, generators and consumers (including participation of interruptible loads) submit offers and bids to the independent system...

this paper demonstrates a method to how reserve capacity and cost allocation could be determined in a pool-based and disaggregated market model. the method considers both the spinning reserve and interruptible loads as the operating reserve services. in the proposed market, generators and consumers (including participation of interruptible loads) submit offers and bids to the independent system...