Simulation of Bilateral Contracts in an AGC System After Restructuring (original) (raw)

Simulation of Bilateral Contracts in an AGC System After Restructuring

Abstract

In this paper, the traditional AGC two area system is modified to take into account the role of AGC as an ancillary service. The concept of DISCO participation matrix is introduced and reflected in the two-area diagram. Simulation studies as well as trajectory sensitivity studies are done, the latter for optimization.

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