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"Chance-Constrained Pre-Contingency Joint Self- Scheduling of Energy an" by Subir Majumder, Shrikrishna A. Khaparde et al.

With the increasing penetration of primarily inertia-less distributed energy resources, allowable delay in the fast frequency reserve provision to ensure marginal stability condition can become comparable with the requisite dead-time for fast-switching in a radial power distribution system (PDS) connected to the transmission system. Consequently, the prevailing short-duration load-generation imbalance might propagate as system-wide frequency excursion in the future power system, which traditionally has not been observed. Furthermore, during the fast-switching, some of the fast-acting reserve (FAR) providing local generators remain inaccessible to the bulk power system (BPS). This work has answered the questions of requisite reserve requirements to cater to such events through efficient energy and FAR provision joint-scheduling. Stochasticity of fast-switching, with temporary faults as a use-case, requires modeling of load-generation imbalance and local resource unavailability, vis-รก-v ....

Chance Constrained Optimization , Day Ahead Market , Fast Switching , Joint Scheduling , Ow Inertia Power System , Reserve Allocation , Irtual Power Plants Vpp ,

Indian Energy Exchange total trade volume grows 26 per cent

The Indian Energy Exchange s (IEX) total trade volume rose 26 per cent year-on-year to 10,893 million units in January 2024.

It had recorded 8,639 million units (MU) trade volume in January 2023, the power exchange said in a statement.

IEX achieved the highest-ever total volume in January at ....

Indian Energy Exchange , Day Ahead Market , Real Time Electricity Market , Green Day Ahead Market , Green Term Ahead Market , Indian Energy Exchange Total Trade Volume Grows 26 Per Cent ,

SPP Markets+ Participants Executive Committee Briefs: Jan. 23-24, 2024

SPP Markets+ Participants Executive Committee Briefs: Jan. 23-24, 2024
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United States , Laura Trolese , Brian Cole , Tom Kleckner , Participants Executive Committee Briefs , Arizona Public Service , Energy Authority , Vice Chair Brian Cole , Day Ahead Market ,