How Price-Based Frequency Regulation Impacts Stability in Power Grids: A Complex Network Perspective

Joint Authors

Lin, Wei
Ji, Peng
Zhu, Lipeng
Lu, Chao
Kurths, Jürgen

Source

Complexity

Issue

Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-10, 10 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2020-02-28

Country of Publication

Egypt

No. of Pages

10

Main Subjects

Philosophy

Abstract EN

With the deregulation of modern power grids, electricity markets are playing a more and more important role in power grid operation and control.

However, it is still questionable how the real-time electricity price-based operation affects power grid stability.

From a complex network perspective, here we investigate the dynamical interactions between price-based frequency regulations and physical networks, which results in an interesting finding that a local minimum of network stability occurs when the response strength of generators/consumers to the varying price increases.

A case study of the real world-based China Southern Power Grid demonstrates the finding and exhibits a feasible approach to network stability enhancement in smart grids.

This also provides guidance for potential upgrade and expansion of the current power grids in a cleaner and safer way.

American Psychological Association (APA)

Ji, Peng& Zhu, Lipeng& Lu, Chao& Lin, Wei& Kurths, Jürgen. 2020. How Price-Based Frequency Regulation Impacts Stability in Power Grids: A Complex Network Perspective. Complexity،Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1142851

Modern Language Association (MLA)

Ji, Peng…[et al.]. How Price-Based Frequency Regulation Impacts Stability in Power Grids: A Complex Network Perspective. Complexity No. 2020 (2020), pp.1-10.
https://search.emarefa.net/detail/BIM-1142851

American Medical Association (AMA)

Ji, Peng& Zhu, Lipeng& Lu, Chao& Lin, Wei& Kurths, Jürgen. How Price-Based Frequency Regulation Impacts Stability in Power Grids: A Complex Network Perspective. Complexity. 2020. Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1142851

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1142851