Why the ERCOT ORDC Splatters on the 2,000 MW Cliff: A Mathematical and Graphical Explanation

Richard Wakeland
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引用次数: 4

Abstract

The Electric Reliability Council of Texas (ERCOT) operating reserve demand curve (ORDC) is a complex mathematical tool used as the ERCOT market’s scarcity pricing mechanism. For it to be improved, it must first be understood. This work explains why the curve does not produce a loss of load probability equal to 1.0 when reserve level equals zero or the administratively imposed zero at the minimum contingency level (MCL or X).
为什么ERCOT ORDC在2000兆瓦的悬崖上飞溅:数学和图形解释
德克萨斯州电力可靠性委员会(ERCOT)运行储备需求曲线(ORDC)是一个复杂的数学工具,用于ERCOT市场的稀缺性定价机制。要改进它,首先必须理解它。这项工作解释了为什么当储备水平等于零或在最小应急水平(MCL或X)下行政规定的零时,曲线不产生等于1.0的负荷损失概率。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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