Modeling Consumption Management Resources and Participation of Wind Farms in Reducing Power Grid Reliability Costs

Abstract

One of the most important indicators in determining the optimal reliability of the power grid is the adequacy of resources. High investment costs, insufficient competition, environmental issues, and long periods of traditional power plant construction are reasons that justify the use of wind farms for long-term resource sufficiency. Given the long-term nature of the issue of resource adequacy and reliability in the global electricity grid, the uncertainties of their long-term presence must be modeled for use these sources. This paper aims to utilize power management resources and consider temperature variations in their uncertainty of participation and use of wind farms and considering the dependent nature of their capacity to wind, power plant market and reduce reliability costs. Load and wind farm participation in the capacity market is modeled as a static load reduction in grid paths. The simulation results showed that the participation of load and wind farm in more tracks will increase the reliability costs, so the optimal execution of these programs is 10-bus from 42-bus of IEEE grids.