The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Economics is the first goal pursued by all the participants in power market environment. The security and reliability of power system should be subordinate to this goal. The economic equivalent of security and reliability measure is based on the difference of the economic profits brought by the security and reliability measure and the cost needed by the implementation of the security and reliability...
In the present paper, the authors propose a new method to determine an optimal transmission expansion plan in the deregulated power system. In the proposed scheme, social welfare and reliability are taken into account. Social welfare is computed from the summation of welfare of all market participants. On the other hand, reliability is determined from the cost of the loss of load or outage cost of...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.