Network-Constrained Joint Energy and Flexible Ramping Reserve Market Clearing of Power- and Heat-Based Energy Systems: A Two-Stage Hybrid IGDT–Stochastic Framework

Mohammad Amin Mirzaei, Morteza Nazari-Heris, Behnam Mohammadi-Ivatloo*, Kazem Zare, Mousa Marzband, Miadreza Shafie-khah, Amjad Anvari-Moghaddam, João P. S. Catalão

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    61 Citations (Scopus)
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    Abstract

    This article proposes a new two-stage hybrid stochastic–information gap-decision theory (IGDT) based on the network-constrained unit commitment framework. The model is applied for the market clearing of joint energy and flexible ramping reserve in integrated heat- and power-based energy systems. The uncertainties of load demands and wind power generation are studied using the Monte Carlo simulation method and IGDT, respectively. The proposed model considers both risk-averse and risk-seeker strategies, which enables the independent system operator to provide flexible decisions in meeting system uncertainties in real-time dispatch. Moreover, the effect of feasible operating regions of the combined heat and power (CHP) plants on energy and flexible ramping reserve market and operation cost of the system is investigated. The proposed model is implemented on a test system to verify the effectiveness of the introduced two-stage hybrid framework. The analysis of the obtained results demonstrates that the variation of heat demand is effective on power and flexible ramping reserve supplied by CHP units.
    Original languageEnglish
    Pages (from-to)1547-1556
    Number of pages10
    JournalIEEE Systems Journal
    Volume15
    Issue number2
    Early online date8 Jun 2020
    DOIs
    Publication statusPublished - 1 Jun 2021

    Keywords

    • Combined heat and power (CHP)
    • flexible ramping reserve
    • hybrid IGDT–stochastic
    • information gap-decision theory (IGDT)
    • market clearing
    • stochastic programming

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