Transmission System Operations

7512 — Power Dispatch Under Deregulation

Duration: 4.0 Hour(s)

Category:

$85.00

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The objective of this course is to focus attention on the factors that must be considered when dispatching energy and ancillary services under competitive market conditions. Procedures are indicated for a typical ISO, noting that detailed methodology will vary with different locations. After completion of this course, the participant should be able to understand and apply the following concepts in day-to-day work activities.

  • The task of the ISO or other system operating authority
  • Composition of the total power flow throughout the ISO system at any hour of the day
  • Different types of power flow transactions
  • Contracted and non-contracted power flows
  • Power flows into and out of the system
  • Preparing the day ahead generation schedule and demand schedule
  • Committed generation to meet contract demand
  • Must run units for technical reasons, i.e. some hydro, nuclear, and co-generation units
  • Selection of generation to meet non-contracted power demand (spot market, or residual market)
  • The generation bid process
  • Calculating the least cost dispatch program for different hours of the day
  • Estimating the market clearance price (marginal price) for each hour of the following day
  • Dispatch of individual generating units by ISO, or by the GENCO local dispatcher
  • Load flow study to identify congestion areas and other transmission system problems
  • Adjustment of next day schedule to produce the constrained schedule, allowing for transmission limitations
  • Scheduling of ancillary services, including regulating capacity, operating reserve capacity, stand-by capacity reserve, supply of reactive power, and black-start capability
  • The task of real time dispatch
  • Dispatch communications between participants
  • Real time adjustment to scheduled energy and ancillary services to meet changing conditions and imbalance between scheduled demand and supply
  • Updating the schedule at five minute intervals through activation of the “least cost dispatch program”
  • “After-the-fact” reporting to provide each participant with actual operating parameters and provisional energy prices for each settlement period
  • ISO activities under emergency operating conditions
  • Conditions related to a system alert, system warning, and system emergency
  • Suspension of commercial market activity by the ISO during major system collapse.
  • Load curtailment and load shedding procedures
  • Advantages and obligations related to interconnection with other control areas and ISOs

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