Dynamic security analysis is performed to ensure that a power system will survive any recognized contingency and will transfer to a new but acceptable steady-state condition. This article deals with one of the very important dynamic security indices – the critical clearing time. Some of the popular methods of calculating the critical clearing time (CCT) have been reviewed. A more recent method ...

Problem statement: The critical clearing time provides very important role of the robustness in power system. The Static Synchronous Series Compensator (SSSC) has been accepted to be equipped in series with modern power system. This study presents the method to evaluate the Critical Clearing Time (CCT) of the system equipped with a SSSC. Approach: The parameter on SSSC is modeled in energy func...

Problem statement: The critical clearing time provides very important role of the robustness in power system. The Static Synchronous Compensator (STATCOM) has been accepted to be equipped in modern power system. This study presents the method to evaluate the Critical Clearing Time (CCT) of the system equipped with a Static Synchronous Compensator (STATCOM). Approach: The parameter on STATCOM is...

Accurate and effective electricity price forecasting is critical to market participants in order to make an appropriate risk management in competitive electricity markets. Market participants rely on price forecasts to decide on their bidding strategies, allocate assets and plan facility investments. However, due to its time variant behavior and non-linear and non-stationary nature, electricity...

accurate and effective electricity price forecasting is critical to market participants in order to make an appropriate risk management in competitive electricity markets. market participants rely on price forecasts to decide on their bidding strategies, allocate assets and plan facility investments. however, due to its time variant behavior and non-linear and non-stationary nature, electricity...