Cost Analysis Method for Estimating Dynamic Reserve Considering Uncertainties in Supply and Demand

The use of appropriate hourly reserve margins can maintain power system security by balancing supply and demand in the presence of errors in the forecast demand, generation outages, or errors in the forecast of wind power generation. Because the cost of unit commitment increases with larger reserve...

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Bibliographic Details
Main Authors: Kyung-bin Kwon, Hyeongon Park, Jae-Kun Lyu, Jong-Keun Park
Format: Article
Language:English
Published: MDPI AG 2016-10-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/9/10/845