Method and system for providing flexible reserve power for power grid
An optimization-based method and system is disclosed to enable heterogeneous loads and distributed energy resources (DERs) to participate in grid ancillary services, such as spinning and non-spinning reserves, and ramping reserves. The method includes receiving inputs for decision parameters for optimizing an objective for obtaining flexible reserve power, solving the objective for obtaining flexible reserve power, determining a reserve power schedule for a prediction horizon for providing flexible reserve power based on the objective, generating a service bid based on the reserve power schedule for the power grid; and when the service bid is accepted, providing flexible reserve power to the power grid based on the service bid.
- Research Organization:
- General Electric Co., Schenectady, NY (United States)
- Sponsoring Organization:
- USDOE
- DOE Contract Number:
- AR0000698
- Assignee:
- General Electric Company (Schenectady, NY)
- Patent Number(s):
- 10,613,492
- Application Number:
- 15/660,315
- OSTI ID:
- 1650743
- Country of Publication:
- United States
- Language:
- English
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