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Generation adequacy of electric power systems in market price setting

Aizenberg N., Perzhabinsky S. Generation adequacy of electric power systems in market price setting // E3S Web of Conferences. Т.114. ID: 03006. 2019. DOI: 10.1051/e3sconf/201911403006 We propose the new model of generation adequacy optimization. Optimization criterion is a maximum of social welfare. Social welfare consists of profits of generating companies, consumer surplus, costs for development and servicing of electrical grids. In the article we present a review of existed methods of adequacy...

Теги: commerce , electric power systems , monte carlo methods , power generation , profitability , electricity demands , electricity supply , generating companies , generation adequacy , multiple estimates , optimiza
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