A direct method for multi-area production simulation

abstract

• This paper presents a new approach for multi-area production cost and marginal cost calculations. It is an improvement on segmented global simultaneous decompositionsimulation approach(SEG-GSIDES) that has been developed for computing the production cost indices in a multi-area configuration. In SEG-GSIDES, the energy production of a unit is derived from the difference between the expected unserved energy before and after the unit commitment. The new approach is devised by using the concept of probability of need of a unit. Application of this concept facilitates the calculation of the production cost and marginal cost. This concept is illustrated by using the IEEE-RTS system. It is shown that this new approach is much faster and gives more consistent results. 1998 IEEE.

authors

• Singh, Chanan

published proceedings

• IEEE TRANSACTIONS ON POWER SYSTEMS

author list (cited authors)

• Li, Y., & Singh, C.

citation count

• 10

complete list of authors

• Li, Y||Singh, C

publication date

• August 1999

publisher

• Institute of Electrical and Electronics Engineers (IEEE)  Publisher

published in

• IEEE TRANSACTIONS ON POWER SYSTEMS  Journal

keywords

• Marginal Cost
• Multi-area
• Production Cost
• Reliability Indices

Digital Object Identifier (DOI)

• 10.1109/59.780902

start page

• 906

end page

• 912

volume

• 14

issue

• 3

URL

• http://dx.doi.org/10.1109/59.780902

user-defined tag

• 7 Affordable and Clean Energy