Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
705370 | Electric Power Systems Research | 2011 | 10 Pages |
This paper proposes a stochastic expansion planning of fast-response thermal units for the large-scale integration of wind generation (WG). The paper assumes that the WG integration level is given and considers the short-term thermal constraints and the volatility of wind units in the planning of fast-response thermal units. The new fast-response units are proposed by market participants. The security-constrained expansion planning approach will be used by an ISO or a regulatory body to secure the optimal planning of the participants’ proposed fast-response units with the WG integration. Random outages of generating units and transmission lines as well as hourly load and wind speed forecast errors are modeled in Monte Carlo scenarios. The Monte Carlo simplification methods are introduced to handle large-scale stochastic expansion planning as a tradeoff between the solution accuracy and the calculation time. The effectiveness of the proposed approach is demonstrated through numerical simulations.