Large-scale and ubiquitous penetration of wind power generation to power systems necessitates more conservative provision of system reliability by ensuring adequately committed reserve and observance of transmission constraints. In addition, wind power curtailment due to the technical limitations of system operations, such as transmission congestion, should be efficiently mitigated. To this aim, this paper presents a congestion risk-aware unit commitment formulation in a two-settlement market environment. The uncertainty impact of multicorrelated wind power and contingencies on the risk of transmission congestion for each line, called the Line Transfer Margins (LTM), is incorporated using basic statistical data on the nodal wind power forecast and probability of credible line-outages across the system. The LTMs, formulated free of any distributional assumptions, collectively provide a measure for transmission reserves, which effectively mitigate the likelihood of transmission congestion, reserve undeliverability, and wind power curtailment in the real-time economic dispatch. The effectiveness of the proposed approach is verified through comparative case studies on IEEE RTS-96 for various wind power and LTM scenarios.
