Probabilistic Optimal Power Flow in Electricity Markets Based on a Two-Point Estimate Method

This paper presents an application of a two-point estimate method (2PEM) to account for uncertainties in the optimal power flow (OPF) problem in the context of competitive electricity markets. These uncertainties can be seen as a by-product of the economic pressure that forces market participants to...

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Veröffentlicht in:	IEEE transactions on power systems 2006-11, Vol.21 (4), p.1883-1893
Hauptverfasser:	Verbic, G., Canizares, C.A.
Format:	Artikel
Sprache:	eng
Schlagworte:	Byproducts Computation Electric utilities Electricity Electricity markets Electricity supply industry Estimates Load flow Markets Mathematical analysis Mathematical models Power markets Power system planning Power system stability probabilistic optimal power flow (OPF) Probability distribution Random variables Studies System testing Taylor series two-point estimate method (2PEM) Uncertainty
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