This paper presents a new formulation for the preventive security-constrained unit commitment problem modeling <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">N</i> - <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">k</i> line outages and transmission losses. The pre- and post-contingency transmission constraints, representing <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">N</i> - <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">k</i> line outages, are explicitly included by using generalized generation distribution factors. To account for security, a contingency selection procedure based on line outage distribution factors finds a list of worst-case contingencies. Transmission losses are incorporated using piecewise linear expressions. The proposed model is formulated as an instance of mixed-integer linear programming. The effectiveness of the proposed approach is illustrated with the IEEE 57-bus system and the 1,354-bus portion of the European transmission system. As empirically evidenced, the explicit consideration of <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">N-k</i> line outages and transmission losses leads to different decisions in the generation scheduling and dispatch, ensuring secure power system operation.
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