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This article is an extension of the work presented earlier, which compared and analyzed the economics of alternative maintenance plans. The previous approach has been improved by an application of a genetic algorithm. The system is introduced as a distributed web-based software application. The methodology based on combining evolutionary programming with Monte Carlo simulations is described and illustrated...
Introduction of the electricity markets has brought into attention the need to prepare the day ahead generation schedules required for the dispatch of the electric power system. The schedules have to ensure secure operation of the power system taking into account the capacity of the transmission lines and the possibility of congestion that may appear when the schedules are implemented. The preparation...
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