This paper addresses the incorporation of transmission switching in the contingency-constrained unit commitment problem within the context of co-optimized electricity markets for energy and reserves. The proposed generation scheduling model… Click to show full abstract
This paper addresses the incorporation of transmission switching in the contingency-constrained unit commitment problem within the context of co-optimized electricity markets for energy and reserves. The proposed generation scheduling model differs from existing formulations due to the joint consideration of four major complicating factors. First, transmission switching actions are considered both in the pre- and post-contingency states, thereby requiring binary post-contingency variables. Secondly, generation scheduling and transmission switching actions are co-optimized. In addition, the time-coupled operation of generating units is precisely characterized. Finally, practical features of modern power systems, such as uncertain nodal net injections and the operation of energy storage, are also considered. The proposed model is cast as a challenging mixed-integer program for which the off-the-shelf software customarily used for simpler models may lead to intractability even for moderately-sized instances. In order to circumvent this computational issue, this paper presents an enhanced and novel application of an exact nested column-and-constraint generation algorithm featuring the inclusion of valid constraints to improve the overall computational performance. Numerical simulations based on the IEEE 118- and 300-bus systems demonstrate the effective performance of the proposed approach as well as its economic and operational advantages over existing models disregarding post-contingency transmission switching.
               
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