Economics, Electrical and Computer Engineering
Journal or Book Title
IEEE Transactions on Power Systems
First Page or Article ID Number
This study develops an open-source 8-zone test system for teaching, training, and research purposes that is based on ISO New England structural attributes and data. The test system models an ISO-managed wholesale power market populated by a mix of generating companies and load-serving entities that operates through time over an 8-zone AC transmission grid. The modular extensible architecture of the test system permits a wide range of sensitivity studies to be conducted. To illustrate the capabilities of the test system, we report energy cost-savings outcomes for a comparative study of stochastic versus deterministic DAM security constrained unit commitment (SCUC) formulations under systematically varied reserve requirement levels for the deterministic formulation.
Krishnamurthy, Dheepak; Li, Wanning; and Tesfatsion, Leigh, "An 8-Zone Test System Based on ISO New England Data: Development and Application" (2016). Economics Publications. 441.