A Generation Adjustment Methodology Considering Fluctuations of Loads and Renewable Energy Sources.

Increasing penetration of renewable power sources (RESs) is bringing more uncertainties to power systems. Real-time economic dispatch should be able to handle the fluctuations caused by the load as well as RESs, and obtain new optimal operating points after deviating from original generation schedules. This paper proposes a generation adjustment algorithm based on the base point and participation factor method. The objective of the method is to obtain fast adjustments to generators’ real power outputs in real-time economic dispatch. The proposed method achieves significant and consistent improvements comparing to the original participation factor method by using a more precise model of transmission losses in the optimization process. The computational burden and execution time of the proposed method is much less than OPF and heuristic economic dispatch methods. The proposed method and its effectiveness are tested using IEEE 30-bus system, IEEE 118-bus system, and GuangDong 1018-bus system. Simulation results are demonstrated with comparisons and discussions. [ABSTRACT FROM AUTHOR]