Managing Flexibility in Multi-Area Power Systems
Matthias Bucher, Spyros Chatzivasileiadis, G\"oran Andersson

TL;DR
This paper introduces a novel computational geometry-based framework for characterizing operational flexibility in multi-area power systems, considering reserves, transmission constraints, and security, with minimal information exchange.
Contribution
It presents an alternative to traditional ATC calculation by incorporating location-specific reserves and inter-area dependencies without central coordination.
Findings
Improved tie-line utilization demonstrated in case studies
Sharing reserves enhances system flexibility and efficiency
Visualization benefits aid in operational decision-making
Abstract
In this paper we present a framework to efficiently characterize the available operational flexibility in a multi-area power system. We focus on the available reserves and the tie-line flows. The proposed approach is an alternative to the current calculation of the Available Transfer Capacity (ATC), as it considers location and availability of reserves, transmission constraints, and interdependencies of tie-line flows between different areas, while it takes into account the N-1 security criterion. The method is based on computational geometry using polytopic projections. It requires only a limited amount of information exchange and does not need central coordination. The method has two versions: a passive and an active approach, where neighboring areas can share reserves. In that respect we also introduce the term "exported flexibility", which could form the basis for a new trading…
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