How Price-Based Frequency Regulation Impacts Stability in Power Grids: A Complex Network Perspective

Figure 1

Interpretation of governing dynamics. (a) Schematic diagram for the interactions between different kinds of dynamics. In the two-node model (8), trajectories of the price , generation , and consumption are shown in (b) (resp. in (c)) given a perturbation suffered at time located inside (resp. outside) the attracting basin of the synchronous state. Parameters are given as , , , , , , , , , , , and .

(a)

(b)

(c)