A Configuration Based Pumped Storage Hydro Model in the MISO Day-Ahead Market

Huang, Bing; Chen, Yonghong; Baldick, Ross

doi:10.1109/tpwrs.2021.3097270

A Configuration Based Pumped Storage Hydro Model in the MISO Day-Ahead Market

Journal Article · Wed Jul 14 00:00:00 EDT 2021 · IEEE Transactions on Power Systems

DOI:https://doi.org/10.1109/tpwrs.2021.3097270· OSTI ID:1825996

Huang, Bing ^[1]; Chen, Yonghong ^[2]; Baldick, Ross ^[3]

Midcontinent Independent System Operator Inc, Carmel, IN (United States); MISO
Midcontinent Independent System Operator Inc, Carmel, IN (United States)
Univ. of Texas, Austin, TX (United States)

Pumped storage hydro units (PSHU) can provide flexibility to power systems. This becomes particularly valuable in recent years with the increasing shares of intermittent renewable resources. However, due to emphasis on thermal generation in the current market practices, the flexibility from PSHUs have not been fully explored and utilized. This paper proposes a configuration based pumped storage hydro (PSH) model for the day-ahead market, in order to enhance the use of PSH resources in the system. A strategic design of incorporating and fully optimizing PSHUs in the day-ahead market is presented. Here, we show the compactness of the proposed model. Numerical studies are presented in an illustrative test system and the Midcontinent Independent System Operator (MISO) system.

View Accepted Manuscript (DOE)

Research Organization:: Midcontinent Independent System Operator Inc, Carmel, IN (United States)

Sponsoring Organization:: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Water Power Technologies Office

Grant/Contract Number:: EE0008781

OSTI ID:: 1825996

Journal Information:: IEEE Transactions on Power Systems, Journal Name: IEEE Transactions on Power Systems Journal Issue: 1 Vol. 37; ISSN 0885-8950

Publisher:: IEEECopyright Statement

Country of Publication:: United States

Language:: English

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