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Generating electricity from wind resources has many environmental and economic advantages over traditional fossil-fueled generation. As a result, there is little doubt that energy from wind will be a significant contribution to the electricity portfolio of the future. Due to the sensitivity of the network and the volatility of the wind resource, analysis of power system operations using expected wind...
This paper presents an application of the stochastic optimal power flow method to determine the energy and reserve schedules for a system with large amount of wind generation. Unlike contingency analysis, the requirements for operating reserves based on the stochastic optimal power flow are not predefined. Instead, the reserve requirement is generated to meet both the system reliability and economic...
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