Uncertainty-based estimation of the secure range for ISO New England dynamic interchange adjustment

The paper proposes an approach to estimate the secure range for dynamic interchange adjustments. This assessment will assist system operators with dynamic intra-hour interchange scheduling with neighboring control areas. This feature will enable providing balancing services between system operators. Uncertainties and variability associated with different sources are incorporated. The proposed method is implemented by Pacific Northwest National Laboratory (PNNL) for ISO New England (ISO-NE). Simulation results are used to validate the effectiveness of the proposed method.