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Volatility of load demand and electricity price has set a challenging task In the operational planning and controls of modem power system. Therefore, power utilities face challenge to serve the load demand at minimum operating cost by performing a proper scheduling of the generating units. To perform such a task, unit commitment plays a vital role and significant amount cost is saved per year. In...
Due to intermittency and random nature of wind power generation over short time period, unit commitment problem becomes more complex. In this paper, wind power forecasting uncertainty is represented by wind scenarios generated using Monte Carlo simulation. The computational burden in stochastic models that require scenario representation is reduced by creating clusters of commitment of units associated...
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