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Unit commitment is the main challenging part of this paper. Operation data are collected form the Western Area of Saudi Arabia, however, the data are average. These data are manipulated to non-linear data that fit with unit commitment. Some missing constraints are imposed from standard IEEE data set. There are total one hundred and thirty five (135) units in the system for around 9,000 MW power demand...
This article analyzes the economic impact of price forecast errors on the optimal operation schedules of distributed (battery) storage systems. The presented simulation model extends a linear optimization model that achieves up to 17% annual savings for a storage system in an environment with dynamically changing electricity prices and under the assumptions of ex-ante known load and price data. The...
This paper discusses high-level functional requirements of the Energy Imbalance Service (EIS) market for the Southwest Power Pool (SPP) Regional Transmission Organization (RTO), in the USA. SPP has taken a controlled and step-by-step approach towards a full market model. Therefore, SPP has tried to introduce the EIS market on top of the traditional Market Participant (MP) activities with minimal impact...
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