A practical approach to evaluating the marginal outage costs in generating systems

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dc.contributor.author Ghajar, R.
dc.contributor.author Billinton, R.
dc.date.accessioned 2017-05-03T06:30:04Z
dc.date.available 2017-05-03T06:30:04Z
dc.date.issued 2017-05-03
dc.identifier.uri http://hdl.handle.net/10725/5588
dc.description.abstract This paper presents a fornialized and p ra c t i ca I iii a r gi n a I outage costs in generating systems for the piirposes of spot pricing. The proposed iiictliod Involves cstiniating tlic economic costs incurred by custoniers due to various outage lcvcls aiid the cffccts of load cliangcs on the probabilitics that these costs will actually be incurred. The utilization of tiie proposed nietliod In calciilating the marginal outage costs of a slngle generating system Is illustrated using the I EEE -Reliability Test Systein. A nuniber of si in pl i fy in g assu in p ti on s a re a Iso d i sc ussctl i n tli is p:ipcr in order to sliow how the proposed iiicthod can I)c tailorcd to practical systeni applications. Tlic b:1sic nlctllodology is tl1cn cxtencled to two i II t cr con nect cd genera t iiig s ys tcm s in ordcr to show the iinpact of capacity assistance on the iiiargiiial on1age cost. en_US
dc.language.iso en en_US
dc.publisher IEEE en_US
dc.title A practical approach to evaluating the marginal outage costs in generating systems en_US
dc.type Conference Paper / Proceeding en_US
dc.author.school SOE en_US
dc.author.idnumber 199590160 en_US
dc.author.department Electrical And Computer Engineering en_US
dc.description.embargo N/A en_US
dc.keywords Costs en_US
dc.keywords Pricing en_US
dc.keywords Power generation economics en_US
dc.keywords Fuel economy en_US
dc.keywords Capacity planning en_US
dc.keywords Power system economics en_US
dc.keywords Power system modeling en_US
dc.keywords Power systems en_US
dc.keywords Power generation en_US
dc.keywords System testing en_US
dc.identifier.doi http://dx.doi.org/10.1109/APT.1993.673902 en_US
dc.identifier.ctation Billinton, R., & Ghajar, R. (1993, September). A Practical Approach To Evaluating The Marginal Outage Costs In Generating Systems. In Athens Power Tech, 1993. APT 93. Proceedings. Joint International Power Conference (Vol. 2, pp. 786-790). IEEE. en_US
dc.author.email rghajar@lau.edu.lb en_US
dc.conference.date 5-8 Sept. 1993 en_US
dc.conference.place Athens, Greece en_US
dc.conference.title Joint International Power Conference Athens Power Tech, 1993. APT 93. Proceedings en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url http://ieeexplore.ieee.org/abstract/document/673902/ en_US
dc.orcid.id https://orcid.org/0000-0002-0630-8140 en_US
dc.author.affiliation Lebanese American University en_US

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