Operating reserve value at risk

Abstract

Operating reserve is traditionally determined as a fixed percentage of the peak load or the largest contingency in a system. In this paper, the probabilistic nature of operating reserve is considered. A risk assessment based approach is proposed to analysis the value of operating reserve. In the proposed approach, the value at risk of a power system is… (More)

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Cite this paper

@article{Zhong2006OperatingRV, title={Operating reserve value at risk}, author={Jin Zhong and F. F. Wu}, journal={2006 IEEE Power Engineering Society General Meeting}, year={2006}, pages={6 pp.-} }