DocumentCode :
2487667
Title :
The role of numerical tools in maintaining reliability during economic transfers An illustration using the NPCC equivalent system model
Author :
Ilic, Marija D. ; Lang, Jeffrey H. ; Allen, Eric H.
Author_Institution :
Carnegie Mellon Univ., Pittsburgh
fYear :
2007
fDate :
19-24 Aug. 2007
Firstpage :
1
Lastpage :
13
Abstract :
In this paper we are concerned with the increased complexity facing operators when monitoring and scheduling available resources needed to serve customers without interruptions and at the reasonable costs. Historically, this task has been met by combining human expert knowledge about the specifics of the system with the results obtained by approximate numerical tools for near real-time analysis and assessment of system conditions. The emphasis in this paper is on demonstrating fundamental limits to relying on human decision making due to a highly combinatorial nature and complexity of managing reliability and economics of electricity services in today´s nonlinear electric power network systems. This complexity calls for development of more accurate and quantifiable numerical methods for decision making in such systems. We illustrate the type of near-real time numerical tools essential for implementing such decisions. A comparison of the NPCC system utilization by means of current and future numerical tools is presented.
Keywords :
decision making; power system economics; power system reliability; preventive maintenance; critical contingency; economic transfers; human decision making; human expert knowledge; numerical tools; power system economics; power system reliability; preventive scheduling; resource monitoring; Costs; Decision making; Energy management; Humans; Maintenance; Power generation economics; Power system economics; Power system management; Power system reliability; Real time systems; AC Optimal Power Flow (AC OPF); Corrective Scheduling; Critical Contingencies; North American Electric Power Coordinating Council (NPCC); Preventive Scheduling; Reactive Power Optimization; Real Power Dispatch; Real Power Transfer Limits; Voltage Optimization;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Bulk Power System Dynamics and Control - VII. Revitalizing Operational Reliability, 2007 iREP Symposium
Conference_Location :
Charleston, SC
Print_ISBN :
978-1-4244-1519-9
Electronic_ISBN :
978-1-4244-1519-9
Type :
conf
DOI :
10.1109/IREP.2007.4410575
Filename :
4410575
Link To Document :
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