1. Stochastic Unit Commitment with Wind Generation Penetration.
- Author
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Ahmed, Mohamed Hassan, Bhattacharya, Kankar, and Salama, M. M. A.
- Subjects
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WIND power , *STOCHASTIC processes , *UNIT commitment problem (Electric power systems) , *ELECTRIC power systems , *MONTE Carlo method , *ELECTRIC rates , *ALGORITHMS - Abstract
This article presents a new algorithm for analyzing the effects of wind generation uncertainties on short-term power system operation. Monte Carlo simulation is used to obtain a set of wind generation scenarios, and then the scenario reduction algorithm is applied to obtain a reduced set of scenarios. These reduced scenarios are then incorporated into the unit-commitment problem formulation with a locational marginal price based electricity market settlement and a dispatch model to examine the effects of wind generation on electricity market prices, load cleared, social welfare, and system capacity. [ABSTRACT FROM AUTHOR]
- Published
- 2012
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