Title :
Restructuring and Reregulation of the U.S. Electric Utility Industry
Author :
Puttgen, Hans B. ; Volzka, Donald R. ; Olken, Melvin I.
Abstract :
To exploit the information of power market activities, a bootstrap technique is proposed in the available transfer capability (ATC) calculation. This is a computer-based method for assigning accuracy to statistical estimates. The standard confidence intervals calculated provide useful information to transmission customers in their evaluation of transaction bids and purchase of transmission right.
Keywords :
electricity supply industry; power system analysis computing; power system parameter estimation; power transmission; statistical analysis; available transfer capability; bootstrap application; computer-based method; power market activities; standard confidence intervals; statistical estimates accuracy assignment; transaction bids; transmission customers; transmission right purchase; Application software; Availability; Load flow; Power engineering computing; Power markets; Power system modeling; Power transmission lines; Stochastic processes; Testing; Uncertainty;
Journal_Title :
Power Engineering Review, IEEE
