Reliability and cost analysis of interconnected power systems with jointly owned generating units operating in a market environment

Dialynas, EN; Michos, D; Papakammenos, DJ

dc.contributor.author	Dialynas, EN	en
dc.contributor.author	Michos, D	en
dc.contributor.author	Papakammenos, DJ	en
dc.date.accessioned	2014-03-01T02:43:30Z
dc.date.available	2014-03-01T02:43:30Z
dc.date.issued	2005	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/31443
dc.subject	Competitive Electrical Energy Market	en
dc.subject	Interconnections	en
dc.subject	Jointly Owned Generation	en
dc.subject	Power Systems	en
dc.subject	Reliability	en
dc.subject.other	Competitive Electrical Energy Market	en
dc.subject.other	Electrical energy market	en
dc.subject.other	Jointly Owned Generation	en
dc.subject.other	Power utilities	en
dc.subject.other	Busbars	en
dc.subject.other	Computer simulation	en
dc.subject.other	Cost benefit analysis	en
dc.subject.other	Electric power utilization	en
dc.subject.other	Marketing	en
dc.subject.other	Monte Carlo methods	en
dc.subject.other	Reliability	en
dc.subject.other	Electric power system interconnection	en
dc.title	Reliability and cost analysis of interconnected power systems with jointly owned generating units operating in a market environment	en
heal.type	conferenceItem	en
heal.identifier.primary	10.1109/CIGRE.2005.1532736	en
heal.identifier.secondary	http://dx.doi.org/10.1109/CIGRE.2005.1532736	en
heal.identifier.secondary	1532736	en
heal.publicationDate	2005	en
heal.abstract	The interconnection between two or more neighboring power systems can be beneficial to the system adequacy and security of the power utilities concerned. An additional feature of the interconnected power systems is the existence of generating units that may belong to two or more power utilities and operate in the environment of the competitive electrical energy market. The purpose of the paper is to present an improved computational method for assessing the reliability performance of interconnected power systems that may also contain jointly owned generating units as well as for calculating the cost of power delivered at the transmission system busbars. This is a method based on a Monte-Carlo sequential simulation approach and gives an increased emphasis in the realistic and efficient representation of the real design and operational features and practices applied by the utility power systems being interconnected and the jointly owned generating units. The analysis of a typical power system based on the IEEE-RTS is also included for a number of case studies representing various operating and design features. © 2005 IEEE.	en
heal.journalName	2005 CIGRE/IEEE PES International Symposium	en
dc.identifier.doi	10.1109/CIGRE.2005.1532736	en
dc.identifier.spage	136	en
dc.identifier.epage	147	en