Abstract

General reliability issues are large relative to total electricity sales and large blackouts are disruptive to society. These costs are hidden from the system and distributed throughout the economy. New dispatch models are needed to account for these probabilistic risks and incorporate uncertainty into their operation. At the intersection of economic efficiency and reliability are dynamic line limits and transmission congestion, where these issues are explored.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.