Title :
Cost-Benefit Justification of an Energy Control Center
Author :
Masiello, R.D. ; Wollenberg, B.F.
Author_Institution :
CONTROL DATA CORPORATION
fDate :
5/1/1981 12:00:00 AM
Abstract :
Today there is no accepted methodology for evaluating the economic worth or the cost-effectiveness of Energy Management System functions which are intended to enhance the " security" of a power system. This paper reports on a study which analyzes the improvement in system reliability obtained from a sophisticated security analysis and security dispatch system. The worth of these functions is evaluated in terms of the additional transmission expansion required over a period of years in order to maintain system reliability with and without the security dispatch system. Significant economic results are obtained; also, the relative effectiveness of sophisticated and rigorous techniques versus manual or simple approaches is demonstrated.
Keywords :
Automatic generation control; Control systems; Costs; Data security; Energy management; Power engineering and energy; Power generation economics; Power system security; Power systems; Reliability;
Journal_Title :
Power Apparatus and Systems, IEEE Transactions on
DOI :
10.1109/TPAS.1981.316725