DocumentCode
1024205
Title
Conflicting objectives and risk in power system planning
Author
Crousillat, Enrique O. ; Dörfner, Péter ; Alvarado, Pablo ; Merrill, Hyde M.
Author_Institution
World Bank, Washington, DC, USA
Volume
8
Issue
3
fYear
1993
fDate
8/1/1993 12:00:00 AM
Firstpage
887
Lastpage
893
Abstract
Planning in the 1990s must deal with a wide range of options, with conflicting objectives, and with uncertainty. Types of conflict among planning objectives are illustrated and categorized. Risk is distinguished from uncertainty and both are qualified. Hedging to reduce risk is demonstrated. Real examples are drawn from major recent planning studies
Keywords
power system planning; risk management; conflicting objectives; power system planning; risk reduction; uncertainty; Cost function; IEEE members; Power engineering and energy; Power system analysis computing; Power system planning; Robustness; Samarium; Systems engineering and theory; USA Councils; Uncertainty;
fLanguage
English
Journal_Title
Power Systems, IEEE Transactions on
Publisher
ieee
ISSN
0885-8950
Type
jour
DOI
10.1109/59.260914
Filename
260914
Link To Document