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Title: Evaluation of probabilistic simulation methods and development of optimization techniques for capacity expansion planning of electric power generation systems

Thesis/Dissertation ·
OSTI ID:5457215

The cumulant, piecewise linear, and derate approximations of the probabilistic simulation of electric generating systems are compared. It is found that the cumulant method requires substantially less computer time than the piecewise linear approximation and is slower than the derate method. The accuracy of the cumulant method is adequate for energy calculations in expansion planning studies, but not for Loss-of-Load-Probability (LOLP) calculations. A hybrid method that consists of the alternating use of the cumulant and piecewise linear approximations for energy and LOLP calculations, respectively, yields good results in both accuracy and computational efficiency. In addition, a new algorithm is developed for incorporating energy forecast uncertainty into the calculation of LOLP and plant energy production without significant increase in computational time. It is shown that when the energy forecast uncertainty is considered, the LOLP values increase and some of the energy generated by intermediate units is shifted to peaking units.

OSTI ID:
5457215
Resource Relation:
Other Information: Thesis (Ph. D.)
Country of Publication:
United States
Language:
English