Abstract: Second-to-second power imbalances stemming from renewable generation can have a large impact on the frequency regulation performance of isolated microgrids, as these are characterized by low inertia and, more commonly nowadays, significant renewable energy penetration. Thus, the present paper develops a novel frequency-constrained Energy Management System (EMS) that takes into account the impact of short-term power fluctuations on the microgrid's operation and frequency regulation performance. The proposed EMS model is based on accurate linear equations describing frequency deviation, rate-of-change-of-frequency, and regulation provision in daily microgrid operations. Dynamic simulations on a realistic CIGRE benchmark test system show the economic and reliability benefits of the presented EMS model, highlighting the need of incorporating fast power fluctuations and their impact on frequency dynamics in EMSs for sustainable isolated microgrids.

Abstract: This paper investigates the role of fast-acting energy storage systems in transmission expansion planning, by allowing higher transfers through the network during normal operation. This is achieved by considering the ability of energy storage systems to provide real and reactive power reserves after forced single-circuit outages to prevent line overloading and voltage level violations in post-contingency states, and by applying the corrective N – 1 security criterion. A computational tool is presented to solve the multi-year transmission expansion problem with multiple scenarios of availability of renewable energy sources. The model is solved using the FICO Xpress software. The 2022-2037 Chilean transmission expansion plan is used as a case study, given the high need for flexibility to integrate 29.5 GW of new solar and wind generation capacity several hundred kilometers from its load center, with a system peak demand of 16.5 GW. The results obtained show that fast-acting energy storage systems reduce the cost of the investment plan by USD 712 million (-18%) mainly because it requires 5 GWh less of conventional storage capacity (-19%), allowing the system operator to increase the usage of the existing transmission network, and providing the central planner with a deferral option for the construction of new transmission lines.

Abstract: The high integration of variable renewable sources in electric power systems entails a series of challenges inherent to their intrinsic variability. A critical challenge is to correctly value the water available in reservoirs in hydrothermal systems, considering the flexibility that it provides. In this context, this paper proposes a medium -term multistage stochastic optimization model for the hydrothermal scheduling problem solved with the stochastic dual dynamic programming algorithm. The proposed model includes operational constraints and simplified mathematical expressions of relevant operational effects that allow more informed assessment of the water value by considering, among others, the flexibility necessary for the operation of the system. In addition, the hydrological uncertainty in the model is represented by a vector autoregressive process, which allows capturing spatio-temporal correlations between the different hydro inflows. A calibration method for the simplified mathematical expressions of operational effects is also proposed, which allows a detailed shortterm operational model to be correctly linked to the proposed medium -term linear model. Through extensive experiments for the Chilean power system, the results show that the difference between the expected operating costs of the proposed medium -term model, and the costs obtained through a detailed short-term operational model was only 0.1%, in contrast to the 9.3% difference obtained when a simpler base model is employed. This shows the effectiveness of the proposed approach. Further, this difference is also reflected in the estimation of the water value, which is critical in water shortage situations.

Abstract: A low-complexity decision model for a Home Energy Management System is proposed to follow demand trajectory sets received from a Demand Side Response aggregator. This model is designed to reduce its computational complexity and being solved by low performance processors using available Single-Board Computers as a proof of concept. To decrease the computational complexity is proposed a two-stage model, where the first stage evaluates the hourly appliance scheduling using a relaxed set of restrictions, and the second stage evaluates a reduced set of appliances in a intra-hourly interval with a detailed characterization of the scheduled appliance properties. Simulations results show the effectiveness of the proposed algorithm to follow trajectories for different sets of home appliances and operational conditions. For the studied cases, the model presents deviations in the demand for the 3.2% of the cases in the first-stage and a 12% for the second-stage model. Results show that the proposed model can schedule available appliances according to the demand aggregator requirements in a limited solving time with diverse hardware.

Abstract: Wildfires can pose a major threat to the secure operation of power networks. Chile, California, and Australia have suffered from recent wildfires that have induced considerable power supply cuts. Further, as power systems move to a significant integration of variable renewable energy sources, successfully managing the impact of wildfires on the power supply can become even more challenging due to the joint uncertainty in wildfire trajectories and the power injections from wind and solar farms. Motivated by this, this paper develops a practical decision-support approach that concatenates a stochastic wildfire simulation method with an attacker-defender model that aims to find a worst-case realization for (i) transmission line and generator contingencies, out of those that can potentially be affected by a given wildfire scenario, and for (ii) wind and solar power trajectories, based on a max-min structure where the inner min problem represents a best adaptive response on generator dispatch actions. Further, this paper proposes an evaluation framework to assess the power supply security of various power system topology configurations, under the assumption of limited transmission switching capabilities, and based on the simulation of several wildfire evolution scenarios. Extensive computational experiments are carried out on two representations of the Chilean power network with up to 278 buses, showing the practical effectiveness of the proposed approach for enhancing wildfire resilience in highly renewable power systems.

Abstract: The massive growth in the integration of variable renewable energy sources is producing several challenges in the operation of power systems and its associated markets. In this context, flexibility has become a critical attribute to allow the system to react to changes in generation or demand levels. Thus, it is critical for market signals at both short and long term scales to include flexibility features, to align agents' incentives with systemic flexibility requirements. In this paper, different pricing schemes for short-term markets are studied, based on various relaxations of the unit commitment problem, including convex-hull approximations, with the aim of representing operational flexibility requirements in a more explicit way. Extensive simulations illustrate the performance of the proposed schemes, as compared to conventional ones, in terms of the capability of the system to properly incentivize flexibility attributes, resulting in better agents' cost recovery and more variable renewable energy utilization. The results show that short-term pricing schemes considered improve the long-term signals for flexible investments but additional changes to market design are still required. Thus, there is a need to revisit historical practices for pricing rules by incorporating additional flexibility-related attributes into them. Several alternatives are discussed and policy recommendations based on these considerations are provided.