Title :
A model for economy energy exchanges in interconnected power systems
Author :
Rau, Narayan S. ; Necsulescu, Cristina
Author_Institution :
Nat. Regul. Res. Inst., Ohio State Univ., Columbus, OH, USA
fDate :
8/1/1989 12:00:00 AM
Abstract :
A model for the study of improvements in production efficiency in interconnected systems that takes into account the random outages of machines, transmission loadings, and wheeling penalties is presented. The model simulates up to five interconnected systems in any manner. The simulation procedure uses a Monte Carlo technique to model machine outages. Input data matrices account for the topology of interconnections, transmission capacities, loop flows, and wheeling penalties. Economic benefits of using the model are discussed, and some results obtained with it are presented
Keywords :
Monte Carlo methods; power system interconnection; Monte Carlo technique; economy energy exchanges; electric machines; input data matrices; interconnected power systems; loop flows; production efficiency; random outages; transmission loadings; wheeling penalties; Costs; Fuels; Interconnected systems; Power generation; Power system interconnection; Power system modeling; Power system simulation; Power systems; Production; Samarium;
Journal_Title :
Power Systems, IEEE Transactions on
