Your browser does not support JavaScript!
http://iet.metastore.ingenta.com
1887

Nodal probabilistic production cost simulation considering transmission system unavailabilty

Nodal probabilistic production cost simulation considering transmission system unavailabilty

For access to this article, please select a purchase option:

Buy article PDF
£12.50
(plus tax if applicable)
Buy Knowledge Pack
10 articles for £75.00
(plus taxes if applicable)

IET members benefit from discounts to all IET publications and free access to E&T Magazine. If you are an IET member, log in to your account and the discounts will automatically be applied.

Learn more about IET membership 

Recommend Title Publication to library

You must fill out fields marked with: *

Librarian details
Name:*
Email:*
Your details
Name:*
Email:*
Department:*
Why are you recommending this title?
Select reason:
 
 
 
 
 
IET Generation, Transmission & Distribution — Recommend this title to your library

Thank you

Your recommendation has been sent to your librarian.

A nodal probabilistic production cost simulation method is described for power system long-term expansion planning considering unavailability and delivery limitation constraints of the transmission system. This new nodal production cost simulation model includes capacity constraints and unavailabilities of generators as well as transmission lines. This simulation methodology comes from the nodal composite power system equivalent load duration curve (CMELDC), based on a new effective load model at load points developed by the authors. The nodal CMELDC can be obtained from convolution integral processing of the outage capacity probability distribution function of the fictitious generator and the original LDC. It is expected that the new simulation model based on the nodal CMELDC proposed here will provide solutions to many problems based on nodal and decentralised operation and control of electric power systems under a competition environment. The nodal CMELDC based on the new model at load points can extend application areas of nodal probabilistic production cost simulation, probabilistic congestion cost assessment, analytical outage cost assessment and nodal reliability evaluation and so on at load points. The characteristics and effectiveness of this new proposed methodology are illustrated by a small system case study using a network flow and enumeration method.

References

    1. 1)
      • R. Billinton , W. Wangdee . A combined bulk electric system reliability framework using adequacy and static security indices. KIEE J. Elect. Eng. Technol. , 4 , 414 - 422
    2. 2)
      • J. Choi , T. Tran , A.A. El-Keib , R. Thomas , H. Oh , R. Billinton . A method for transmission system expansion planning considering probabilistic reliability criteria. IEEE Trans. Power Syst. , 3 , 1406 - 1415
    3. 3)
      • R.L. Sullivan . (1977) Power system planning.
    4. 4)
      • Choi, J., Tran, T., Kang, S., Jeon, D., Lee, C., Billinton, R.: `A study on optimal reliability criterion determination for transmission system expansion planning', Proc. IEEE PES GM2004 Conf., 6–10 June 2004, Denver, USA.
    5. 5)
      • X. Wang , J.R. McDonald . (1994) Modern power system planning.
    6. 6)
    7. 7)
      • J. Vardi , B. Avi-Itzhak . (1981) Electric energy generation: economics, reliability and rates.
    8. 8)
      • Choi, J., Moon, S., Kim, H., Lee, B., Billinton, R.: `Development of ELDC and reliability evaluation of composite power system using monte carlo method', Proc. IEEE PES SM2000 Conf., 16–20 July 2000, Seattle, WA, USA.
    9. 9)
      • L.R. Ford , D.R. Fulkerson . (1974) Flow in network.
    10. 10)
      • Choi, J., Do, D., Moon, S., Billinton, R.: `Development of a method for ELDC construction in a composite power system', Proc. Large Engineering Systems Conf. Power System'99(LESCOPE'99), 20–22 June 1999, Halifax, NS, Canada, p. 189–194.
    11. 11)
    12. 12)
      • J.P. Stremel , R.T. Jenkins , R.A. Babb , W.D. Bayless . Production costing using the cumulant method of representing the equivalent load curve. IEEE Trans. Power Appar. Syst. , 5 , 1947 - 1956
    13. 13)
      • Choi, J., Tran, T., Mount, M.D., Thomas, R.: `Composite power system expansion planning considering outage cost', Proc. IEEE PES GM2007, 24–28 June 2007, Tampa, Florida, USA.
    14. 14)
    15. 15)
      • R. Billinton , R.N. Allan . (1984) Reliability evaluation of power systems.
    16. 16)
      • Choi, J.: `Outage cost assessment using analytical method on composite power system (HLII)', Final Report of Post-Doctor Course at University of Saskatchewan, February 1997.
    17. 17)
      • D.J. Levy , E.P. Kahn . Accuracy of the Edgeworth expansion of LOLP calculations in small power systems. IEEE Trans. Power Appar. Syst. , 4 , 986 - 996
    18. 18)
      • A.J. Wood , B.F. Wollenberg . (1996) Power generation operation and control.
    19. 19)
      • R. Billinton , W. Li . (1994) Reliability assessment of electric power systems using monte carlo methods.
http://iet.metastore.ingenta.com/content/journals/10.1049/iet-gtd_20060393
Loading

Related content

content/journals/10.1049/iet-gtd_20060393
pub_keyword,iet_inspecKeyword,pub_concept
6
6
Loading
This is a required field
Please enter a valid email address