• DocumentCode
    3583735
  • Title

    Decision support for network operation in an open power market

  • Author

    Warland, Geir ; Holen, Arne T. ; Solem, Gerd ; Uhlen, Kjetil ; Gimmestad, Idar

  • Author_Institution
    Dept. of Electr. Power Eng., Norwegian Inst. of Technol., Trondheim
  • fYear
    2004
  • Firstpage
    236
  • Lastpage
    241
  • Abstract
    The Norwegian system operator plans to change from (N-1) to a more flexible cost based security criterion. The approach is illustrated using a simple example and then compared with alternative decision paradigms. The comparison shows how different paradigms may change ranking of operating alternatives and that the new cost based criterion still tends to favor alternatives close to (N-1), provided application of a penalty factor giving additional and significant weight on interruption costs
  • Keywords
    cost reduction; decision diagrams; decision support systems; power markets; power system planning; power system security; Norwegian system operator planning; decision paradigms; flexible cost based security criterion; interruption cost; network operation decision support; open power market; penalty factor; Costs; Electronic mail; Hazards; Intelligent networks; Postal services; Power engineering; Power markets; Power measurement; Power system security; Regulators;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Probabilistic Methods Applied to Power Systems, 2004 International Conference on
  • Print_ISBN
    0-9761319-1-9
  • Type

    conf

  • Filename
    1378694