Quantifying the Risk of Wind Power Forecasting Error on Power System Optimal Dispatching

Abstract

With large-scale wind power integrates into power system, the risk brought by the uncertainty of wind power output can no longer be neglected. Under this circumstance, the operation risk due to the uncertainty of wind generation and the contribution of wind power to energy conservation and emission reduction are quantified, and the corresponding quantified operational cost, environmental cost and operation risk are being integrated into the economic dispatching model to establish a multi-objective optimization dispatch model. Non-dual interior point method is used to solve the optimization problem. The method is applied to Hebei Southern power grid, simulated with actual wind power output data of one typical day. Simulation results show the rationality and effectiveness of the proposed method.