Title
How Price-Based Frequency Regulation Impacts Stability in Power Grids: A Complex Network Perspective
Abstract
With the deregulation of modern power grids, electricity markets are playing a more and more important role in power grid operation and control. However, it is still questionable how the real-time electricity price-based operation affects power grid stability. From a complex network perspective, here we investigate the dynamical interactions between price-based frequency regulations and physical networks, which results in an interesting finding that a local minimum of network stability occurs when the response strength of generators/consumers to the varying price increases. A case study of the real world-based China Southern Power Grid demonstrates the finding and exhibits a feasible approach to network stability enhancement in smart grids. This also provides guidance for potential upgrade and expansion of the current power grids in a cleaner and safer way.
Year
DOI
Venue
2020
10.1155/2020/6297134
COMPLEXITY
DocType
Volume
ISSN
Journal
2020
1076-2787
Citations 
PageRank 
References 
0
0.34
0
Authors
5
Name
Order
Citations
PageRank
Peng Ji100.68
lipeng zhu217414.48
Chao Lu36111.20
Wei Lin45215.14
Jurgen Kurths51188.09