Journal of Japan Society of Energy and Resources
Online ISSN : 2433-0531
ISSN-L : 2433-0531
Research Paper
A study on Analysis of Reserve Prices Assuming the Power System Structure after the Establishment of the Balancing Market in Japan
Ryuhei Furuta Ryuji Matsuhashi
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2020 Volume 41 Issue 5 Pages 166-175

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Abstract
This paper presents the analysis of the energy, upward reserve, downward reserve, and load frequency control (LFC) regulation in future energy systems in Japan, through the simulation of the co-optimization of economic dispatch control (EDC) and LFC considering uncertainties of electricity load and photovoltaic output. The results show that, in the present Kyusyu situation, a lot of photovoltaic output is absorbed by pumping up the water and photovoltaic curtailment. Also, most of the upward and downward reserve are provided from LNG combined cycle. Finally, the overall system changes dramatically when photovoltaic output is largely different from its predicted value. Specifically, the shadow price of the LFC requirement has a large standard deviation compared to its mean value, which makes it difficult for companies to join the ancillary service market.
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© 2020 Japan Society of Energy and Resources
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