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A stochastic model for the unit commitment problem

Takriti, S.   Birge, J.R.   Long, E.  
Dept. of Ind. & Oper. Eng., Michigan Univ., Ann Arbor, MI;

This paper appears in: Power Systems, IEEE Transactions on
Publication Date: Aug 1996
Volume: 11,  Issue: 3
On page(s): 1497-1508
ISSN: 0885-8950
References Cited: 12
CODEN: ITPSEG
INSPEC Accession Number: 5372450
Digital Object Identifier: 10.1109/59.535691
Posted online: 2002-08-06 20:32:54.0

Abstract
The authors develop a model and a solution technique for the problem of generating electric power when demands are not certain. They also provide techniques for improving the current methods used in solving the traditional unit commitment problem. The solution strategy can be run in parallel due to the separable nature of the relaxation used. Numerical results indicate significant savings in the cost of operating power generating systems when the stochastic model is used instead of the deterministic model

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