Optimal portfolio of multi-speed frequency response

[badber]

Name

MultiFR_optimisation

Screenshots

No response

Focus Topic

Power System Operation, Low Inertia, Convex Optimisation, Shadow Pricing

Primary Purpose

Compute the optimal portfolio of frequency response services with different speeds and activation delays.

Description

Joint market clearing of energy and frequency services, including a pricing methodology. More detailed explanations can be found here: https://github.com/badber/MultiFR_optimisation

Mathematical Description

No response

Website

https://github.com/badber/MultiFR_optimisation

Documentation

No response

Source

https://github.com/badber/MultiFR_optimisation

Year

2019

Institution

Imperial College London

Funding Source

No response

Publications

1

Publication List

1. L. Badesa, F. Teng, and G. Strbac, "Optimal Portfolio of Distinct Frequency-Response Services in Low-Inertia Systems", IEEE Transactions on Power Systems, 2020.
2. L. Badesa, F. Teng, and G. Strbac, "Pricing inertia and frequency response with diverse dynamics in a Mixed-Integer Second-Order Cone Programming formulation," Applied Energy, vol. 260, article 114334, 2020.

Use Cases

No response

Infrastructure Sector

• [ ] Atmospheric dispersion
• [ ] Agriculture
• [ ] Biomass
• [ ] Buildings
• [ ] Communications
• [ ] Cooling
• [ ] Ecosystems
• [X] Electric
• [ ] District heating
• [ ] Forestry
• [ ] Health
• [ ] Hydrogen
• [ ] Individual heating
• [ ] Land use
• [ ] Liquid fuels
• [ ] Natural Gas
• [ ] Transportation
• [ ] Water

Represented Behavior

• [ ] Earth Systems
• [ ] Employment
• [ ] Built Infrastructure
• [ ] Financial
• [ ] Macro-economy
• [ ] Micro-economy
• [ ] Policy
• [ ] Social

Modeling Paradigm

• [ ] Analytics
• [ ] Data
• [ ] Discrete Simulation
• [ ] Dynamic Simulation
• [ ] Equilibrium
• [ ] Engineering/Design
• [X] Optimization
• [ ] Visualization

Capabilities

No response

Programming Language

• [ ] C – ISO/IEC 9899
• [ ] C++ (C plus plus) – ISO/IEC 14882
• [ ] C# (C sharp) – ISO/IEC 23270
• [ ] Delphi
• [ ] GAMS (General Algebraic Modeling System)
• [ ] Go
• [ ] Haskell
• [ ] Java
• [ ] JavaScript(Scripting language)
• [ ] Julia
• [ ] Kotlin
• [ ] LabVIEW
• [ ] Lua
• [X] MATLAB
• [ ] Modelica
• [ ] Nim
• [ ] Object Pascal
• [ ] Octave
• [ ] Pascal Script
• [ ] Python
• [ ] R
• [ ] Rust
• [ ] Simulink
• [ ] Swift (Apple programming language)
• [ ] WebAssembly
• [ ] Zig

Required Dependencies

No response

What is the software tool's license?

No response

Operating System Support

• [ ] Windows
• [ ] Mac OSX
• [ ] Linux
• [ ] iOS
• [ ] Android

User Interface

• [ ] Programmatic
• [ ] Command line
• [ ] Web based
• [ ] Graphical user
• [ ] Menu driven
• [ ] Form based
• [ ] Natural language

Parallel Computing Paradigm

• [ ] Multi-threaded computing
• [ ] Multi-core computing
• [ ] Distributed computing
• [ ] Cluster computing
• [ ] Massively parallel computing
• [ ] Grid computing
• [ ] Reconfigurable computing with field-programmable gate arrays (FPGA)
• [ ] General-purpose computing on graphics processing units
• [ ] Application-specific integrated circuits
• [ ] Vector processors

What is the highest temporal resolution supported by the tool?

Milliseconds

What is the typical temporal resolution supported by the tool?

No response

What is the largest temporal scope supported by the tool?

Hours

What is the typical temporal scope supported by the tool?

No response

What is the highest spatial resolution supported by the tool?

Region

What is the typical spatial resolution supported by the tool?

No response

What is the largest spatial scope supported by the tool?

Country

What is the typical spatial scope supported by the tool?

No response

Input Data Format

Matlab file

Input Data Description

No response

Output Data Format

Matlab file

Output Data Description

No response

Contact Details

luis.badesa@gmail.com

Interface, Integration, and Linkage

No response

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