Title :
Power system operating cost and committed generation capacity planning
Author :
Nahman, J. ; Bulatovic, S.
Author_Institution :
Fac. of Electr. Eng., Belgrade Univ., Serbia
fDate :
11/1/1996 12:00:00 AM
Abstract :
A realistic simulation model is presented for the evaluation of generating units variable cost and the cost of undelivered energy, taking into account existing limitations and uncertainties. A criterion for committed capacity reserve planning is also suggested, aimed at minimizing the total power system operating cost. The model and the committed capacity reserve planning criterion are applied to the IEEE RTS, for demonstration purposes
Keywords :
costing; economics; hydrothermal power systems; power system analysis computing; power system planning; IEEE RTS; committed capacity reserve planning criterion; committed generation capacity planning; computer simulation; economic modelling; generating units variable cost; hydro-thermal power networks; limitations; power system operating cost; uncertainties; undelivered energy cost; Analytical models; Capacity planning; Costs; Discrete event simulation; Meeting planning; Power generation; Power system modeling; Power system planning; Power system simulation; Uncertainty;
Journal_Title :
Power Systems, IEEE Transactions on
