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Probabilistic production costing with dependent generating sources

Journal Article · · IEEE Trans. Power Appar. Syst.; (United States)

Dependent generators are power sources whose output depends on natural factors which are statistically interdependent with the load, such as wind turbines and solar photovoltaic cells. Because of these statistical interactions, usual methods of probabilistic production costing cannot be used. This paper presents a new method for production costing which treats power sources with statistically correlated outputs. The method uses the Gram-Charlier series and a modification of the comulants summation formula which accounts for statistical correlation. The paper also discusses additional applications of this method and some computational results.

Research Organization:
GPU Service Corporation, Parsippany, NJ
OSTI ID:
6493979
Journal Information:
IEEE Trans. Power Appar. Syst.; (United States), Journal Name: IEEE Trans. Power Appar. Syst.; (United States) Vol. PAS-104:8; ISSN IEPSA
Country of Publication:
United States
Language:
English

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