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In Part I of this work, a static voltage security region was introduced to guarantee the safety of wind farm reactive power outputs under both base conditions and N-1 contingency. In this paper, a mathematical representation of the approximate N-1 security region has further studied to provide better coordination among wind farms and help prevent cascading tripping following a single wind farm trip. Besides, the influence of active power on the security region is studied. The proposed methods are demonstrated for N-1 contingency cases in a nine-bus system. The simulations verify that the N-1 security region is a small subset of the security region under base conditions. They also illustrate the fact that if the system is simply operated below the reactive power limits, without coordination among the wind farms, the static voltage is likely to exceed its limit. A two-step optimal adjustment strategy is introduced to shift insecure operating points into the security region under N-1 contingency. Through extensive numerical studies, the effectiveness of the proposed technique is confirmed. [ABSTRACT FROM AUTHOR]

When large wind farms are centrally integrated in a power grid, cascading tripping faults induced by voltage issues are becoming a great challenge. This paper therefore proposes a concept of static voltage security region to guarantee that the voltage will remain within operation limits under both base conditions and N-1 contingencies. For large wind farms, significant computational effort is required to calculate the exact boundary of the proposed security region. To reduce this computational burden and facilitate the overall analysis, the characteristics of the security region are first analyzed, and its boundary components are shown to be strictly convex. Approximate security regions are then proposed, which are formed by a set of linear cutting planes based on special operating points known as near points and inner points. The security region encompassed by cutting planes is a good approximation to the actual security region. The proposed procedures are demonstrated on a modified nine-bus system with two wind farms. The simulation confirmed that the cutting plane technique can provide a very good approximation to the actual security region. [ABSTRACT FROM AUTHOR]

Due to the variable nature of wind resources, the increasing penetration level of wind power will have a significant impact on the operation and planning of the electric power system. Energy storage systems are considered an effective way to compensate for the variability of wind generation. This paper presents a detailed production cost simulation model to evaluate the economic value of compressed air energy storage (CAES) in systems with large-scale wind power generation. The co-optimization of energy and ancillary services markets is implemented in order to analyze the impacts of CAES, not only on energy supply, but also on system operating reserves. Both hourly and 5-minute simulations are considered to capture the economic performance of CAES in the day-ahead (DA) and real-time (RT) markets. The generalized network flow formulation is used to model the characteristics of CAES in detail. The proposed model is applied on a modified IEEE 24-bus reliability test system. The numerical example shows that besides the economic benefits gained through energy arbitrage in the DA market, CAES can also generate significant profits by providing reserves, compensating for wind forecast errors and intra-hour fluctuation, and participating in the RT market [ABSTRACT FROM AUTHOR]