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Wang Jianxue,Wang X ifan,Bie Zhaohong Xi'an Jiaotong U niversity,Xi'an710 0 49,China  
Being one of the most im portant characteristics of power market ancillary services,reserves have deep influences on security and reliability of power systems. The paper summarizes the hot topics in this research field,such as the classification methods of the reserves and their new trends;the relations between reserves and reliability,and the calculation of the reliability index;cost- benefit analysis,including its algorithm s and the calculation of som e relative param eters;and the operation of the reserve market and evaluation of the market power. A special type of reserve,interruptible load,is also discussed from its capacity,prices and opportunity of interruption.At the end of the paper,the problem s that need to be urgently studied are presented.
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