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Evaluation of the marginal outage costs in composite generation and transmission systems

✍ Scribed by R. Ghajar; R. Billinton


Publisher
Elsevier Science
Year
1994
Tongue
English
Weight
630 KB
Volume
31
Category
Article
ISSN
0378-7796

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✦ Synopsis


Evaluation of the marginal outage costs in generation systems using quantitative power system reliability techniques has been recently demonstrated. It was shown that the marginal outage cost varies with the operating reserve and the lead time into the future. This paper is concerned with the variation of the marginal outage costs over space because the location of loads with respect to the overall system topology containing both generation and transmission facilities has an impact on these costs. The effects of selected pertinent factors on the marginal outage cost in composite systems are also presented. The proposed method and sensitivity studies are illustrated using the IEEE Reliability Test System.


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Evaluation of the marginal outage costs
✍ Raymond F. Ghajar πŸ“‚ Article πŸ“… 1998 πŸ› John Wiley and Sons 🌐 English βš– 143 KB πŸ‘ 2 views

Marginal outage costs are an important component of electricity spot prices. This paper describes a methodology based on quantitative power system reliability techniques for calculating these costs in generating systems. The proposed method involves the calculation of the incremental expected unserv