Reactive power ancillary service markets: design and analysis

提供无功功率支持是电力系统运营商为维护电网安全从而避免停电而执行的重要功能。在目前电力市场放松管制的背景下，系统运营商必须从无功功率供应商购买无功功率。本项目的目的是从系统运营商和市场参与者的角度，研究无功功率作为辅助服务的作用及其对系统和市场条件和运行的影响，并开发将其整合到电网运行所需的能源管理系统功能中的方法。我们将提出一些可能的无功功率市场结构及其相应的支付机制，并开展工作，开发优化模型，可以帮助电力系统运营商决定最佳的无功功率服务的采购。这项工作将与大型知名行业合作伙伴ABB公司密切合作，并与安大略的系统运营商协商。

Provision for reactive power support is an important function carried out by the power system operators to maintain the power grid secure and thus avoid blackouts. In the present context of deregulated electricity markets reactive power has to be purchased by the system operators from reactive power providers. The aim of this project is to examine the role of reactive power as an ancillary service and its effect on system and market conditions and operation, from both the system operator's and market participants' perspectives, and develop methods to integrate them within the energy management system functions needed to operate the power grid. We will propose some possible market structures for reactive power and its corresponding payoff mechanisms, and also carried out work to develop optimization models that can help the power system operators decide upon the optimal procurement of reactive power services. This work will be carried out in very close collaboration with a large and well-known industry partner, ABB Inc., and in consultation with the system operators of Ontario.