Procurement of ancillary services in Alberta
Date
2007
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Abstract
This study proposes a procedure with which a regulator should determine the amount of ancillary service that a power generation source provides. It discusses how a regulator should decide which generator provides, say, spinning reserve during a given hour. The Alberta Electric System Operator (AESO) currently uses a bid process that considers only financial bids. The AESO should replace its current procedure for selecting firms to supply ancillary reserve with a system that correctly accounts for assets' correlations with total primary market availability. An improved procedure is one in which the operator collects information on the availability of the units during the hours of each day, calculates relevant statistical values, and selects the "best" firms in terms of financial bids and variability figures.
Description
Bibliography: p. 91-95
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Citation
Amery, M. (2007). Procurement of ancillary services in Alberta (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca. doi:10.11575/PRISM/964