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Interest in renewable energy resources (RER) is increased due to improved public awareness of the high energy cost and adverse environmental impacts of conventional energy resources. Causes a transition to a new generation of power networks which, among others characteristics, allows more flexible demand consumption under various Demand Response Programs (DRPs). Variable generation and stochastic...
The power generation, transmission & distribution system must be able to supply uninterrupted power reliably while maintaining the power quality throughout. The constraints like the generation capacity and system disturbances, affect the reliability and overall performance of system adversely. Thus, there is a strong need of enhancing power system capability to maintain power quality of the grid...
This paper presents an efficient model for the composite generation and transmission system to manage the system reserve in a bilateral power market. To have a more accurate assessment of customer load point reliability, outages of generation and transmission system are considered incorporating load forecast uncertainty. Inclusion of transmission system reliability is employed by computing the transmission...
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