Haidan Zhao

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This paper presents the development of a spinning reserve market model framework for procurement of spinning reserve services, independent of the energy market auctions. The proposed model has developed an innovative spinning reserve biddable reserve calculation scheme which is dynamic and nature, and the full AC OPF is used to determine the spinning(More)
-In this paper, an attempt has been made to establish a market mechanism for primary and secondary frequency regulation services in the restructured power system environment. The concept of elasticity of offer price and elasticity of offer quantity has been proposed. Such a design of offer structure helps the providers to respond to the system requirements(More)
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