LAUSR

The frequency security problem becomes a critical concern in power systems when the system inertia is lowered due to the high penetration of renewable energy sources (RESs). A wind-storage system (WSS) controlled by power electronics can provide the virtual inertia to guarantee the fast frequency response after a disturbance. However, the provision of virtual inertia might be affected by the variability of wind power generation. To address this concern, we propose a two-stage chance-constrained stochastic optimization (TSCCSO) model to find the optimal thermal unit commitment (i.e., economic operation) and the optimal placement of virtual inertia (i.e., frequency stability) in a power grid using representative power system operation scenarios. An enhanced bilinear Benders decomposition method is employed with strong valid cuts to effectively solve the proposed optimization model. Numerical results on a practical power system show the effectiveness of the proposed model and solution method.