Title :
Stochastic optimal power flow: formulation and solution
Author :
Yong, Taiyou ; Lasseter, Robert H.
Author_Institution :
Dept. of Electr. & Comput. Eng., Wisconsin Univ., Madison, WI, USA
Abstract :
The stochastic optimal power flow (OPF) problem is formulated to solve the optimal dispatch problem with consideration of uncertainties in electric power systems. In this paper we explore this problem in detail. Different forms of linear stochastic OPF problems have been derived with different uncertainties in electric power systems. Also, we discuss the computation issues related to large power systems and its possible applications in a deregulated power market
Keywords :
electricity supply industry; load flow; power systems; stochastic processes; Bender´s decomposition; contingency screening; deregulated power market; electric power system uncertainties; electric power systems; linear stochastic OPF problem; reserve price; stochastic optimal power flow; Load flow; Power generation; Power markets; Power system management; Power systems; Power transmission lines; Propagation losses; Stochastic processes; Stochastic systems; Uncertainty;
Conference_Titel :
Power Engineering Society Summer Meeting, 2000. IEEE
Conference_Location :
Seattle, WA
Print_ISBN :
0-7803-6420-1
DOI :
10.1109/PESS.2000.867521