in order to improve the reliability of the power system, sufficient amount of new capacity should be installed in the network. usually generation units’ payoff in an energy market is not adequate to cover their expenses. therefore, energy only market cannot induce investors to invest in generation field. due to energy only market inefficiency, a supplementary algorithm is suggested to cover the...

in this paper, a stochastic two-stage model is offered for optimization of the day-ahead scheduling of the microgrid. system uncertainties including dispatchable distributed generation and energy storage contingencies are considered in the stochastic model. for handling uncertainties, monte carlo simulation is employed for generation several scenarios and then a reduction method is used to d...

Intermittent nature of wind power faced ISO and power producers with new challenges. Wind power uncertainty has increased the required reserve capacity and deployment reserve. Consequently, large-scale wind power generation increases ISO costs and consequently reserve prices. On the other hand, since wind power producers are price taker, large-scale wind power generation decreases residual dema...

Nowadays, energy plays an important role in the economic and community development of country. Consequently, performance analysis of energy systems is one of the effective methods being used to prevent waste of energy resources. Among the different power generation technologies, steam power plants make a significant contribution to power generation in Iran, with a share of 47 % of electricity g...

Nowadays, energy plays an important role in the economic and community development of country. Consequently, performance analysis of energy systems is one of the effective methods being used to prevent waste of energy resources. Among the different power generation technologies, steam power plants make a significant contribution to power generation in Iran, with a share of 47 % of electrici...

as renewable energy increasingly penetrates into power grid systems, new challenges arise for system operators to keep the systems reliable under uncertain circumstances, while ensuring high utilization of renewable energy. this paper presents unit commitment (uc) which takes into account the volatility of wind power generation. the uc problem is solved with the forecasted intermittent wind pow...