Stochastic Hopfield artificial neural network for electric power production costing

The paper presents a stochastic Hopfield artificial neural network for unit commitment and economic power dispatch. Because of uncertainties in both the system load demand and unit availability, the unit commitment and economic power dispatch problem is stochastic, in this paper we model forced unit outages as independent Markov processes, and load demand as a normal Gaussian random variable. The (0,1) unit commitment-status variables and the hourly unit loading are modelled as sample functions of appropriate random processes. They are solutions of appropriately derived stochastic differential equations which describe the dynamics of a stochastic system for which the operating cost function is a stochastic Lyapunov function. Once the unit commitment and economic power dispatch have been done, the corresponding production costs are computed.<
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