Mohammad Khodayari - Tabriz Electrical Power Distribution Company
Hassan Monsef - School of Electrical and Computer Engineering, University of Tehran
Meisam Mahdavi

In this paper, a new model is proposed for simultaneous clearing of energy and reserve market in transmission and generation composite system where the reserve capacity is scheduled based on the desired risk level of customers, that is recognized by the expected load not supplied (ELNS) index. The reserve requirement is determined regarding generation deficiency, lines outages, transmission constraints and load curtailments due to transmissioncongestion. Therefore, this method produces market-clearing results with the desired probabilistic characteristics. For illustrating the efficiency of proposed technique, it is applied to the Roy Billinton test system (RBTS) and results are analyzed and investigeted.

Energy and Spinning Reserve Allocation, Hierarchical Level II (HLII), ELNS