Abstract
This paper presents two novel applications of probabilistic peak-shaving technique in generation planning, i.e., to simulate efficiently and accurately multiple limited-energy units probabilistically in equivalent load duration curve method and to simulate efficiently the candidate plants; whose different configurations are tested for finding the least-cost generation expansion planning solution. The applications of the technique arc demonstrated with (he help of two hand calculation examples. An efficient algorithm is also presented to simulate multiple limited-energy units probabilistically, for different hydrological conditions, in a generation mix of hydro-thermal units in probabilistic production costing framework.
Original language | English |
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Pages (from-to) | 1543-1548 |
Number of pages | 6 |
Journal | IEEE Transactions on Power Systems |
Volume | 14 |
Issue number | 4 |
DOIs | |
Publication status | Published - 1999 |
Keywords
- Limitedenergy plants
- Probabilistic production costing
- Pumped storage
ASJC Scopus subject areas
- Energy Engineering and Power Technology
- Electrical and Electronic Engineering