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The probabilistic study of harmonics is becoming an important issue in power systems since the usage of power electronic devices is necessarily unavoidable. This has become more important due to the need for more reliable harmonic studies which consider the stochastic nature of produced harmonics in electrical power systems. This provides a probabilistic remedy that needs to be incorporated in the...
Power systems use STATCOM for compensating purposes that is subjected to the high switching frequencies. Various PWM techniques make selective harmonic elimination possible, which effectively control the harmonic content of voltage source inverters. On the other hand, distribution systems have to supply unbalanced nonlinear loads, transferring oscillations to the DC-side of the converter in a realistic...
In the competitive electricity markets, accurate price forecasting embody crucial information for producers and consumers when planning bidding strategies in order to maximize their benefits and utilities, respectively. This paper presents a succinct survey of energy price forecasting techniques and models. The two major groups of the models are the stationary and non-stationary time series models...
Many methods and models have been developed to forecast the energy prices in the market environment since the restructuring of the electricity power industry. This paper presents a brief overview of different techniques and models in the literature of energy price forecasting. Then it compares and classifies different models and methods to verify whether these are suitable for different purposes of...
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