Multi-area network modelling for power pools

Abstract

A power pool consists of a number of interconnected electric utilities referred to as pool members that coordinate their operations to improve reliability and produce an optimal allocation of generation. The coordination takes place by recognizing the pool as a multiarea system and allocating generation for each area separately, then combining the individual allocations to form a total allocation on the pool level. Mathematical models are required for the allocation of generation both on the pool level and on the area level. The paper presents a procedure of creating such models, applicable to both off-line studies and real time operations, and represents an extension of work reported earlier by the authors.