Two-area probabilistic production costing by the method of bi-variant cumulants

Journal Article · Mon Jan 31 23:00:00 EST 1983 · IEEE Trans. Power Appar. Syst.; (United States)

DOI:https://doi.org/10.1109/TPAS.1983.317713· OSTI ID:5890794

Noyes, L R

Probabilistic techniques for estimating the production cost of electric generation are developed for two areas using bi-variant cumulants and bivariant Gram-Charlier Series A approximations. Area energy supply by generation class is determined from the difference in expected unserved energy before and after each class is introduced. Transmission import limits and whole or partial foreign ownership of generation are modeled. A simplifying method for computing bi-variant cumulants of a generation class from univariant cumulants of an individual generator is described. Sample studies show favorable accuracy and efficiency results.

• Research Organization: Philadelphia Electric Company, Philadelphia, PA 19101
• OSTI ID: 5890794
• Journal Information: IEEE Trans. Power Appar. Syst.; (United States), Journal Name: IEEE Trans. Power Appar. Syst.; (United States) Vol. 102:2; ISSN IEPSA
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
200100* -- Fossil-Fueled Power Plants-- Power Plants & Power Generation
200300 -- Electric Power Engineering-- Power Transmission & Distribution-- (-1989)
24 POWER TRANSMISSION AND DISTRIBUTION
ACCURACY
CALCULATION METHODS
COST
EFFICIENCY
ENERGY SUPPLIES
FORECASTING
MATHEMATICAL MODELS
OPERATING COST
POWER GENERATION
POWER TRANSMISSION
PROBABILITY
PRODUCTION