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An approach to short-term economic rescheduling is proposed. The method is based on an iterative combination of alternating consideration of technical and economic criteria. Its attractiveness lies in incorporating both technical and economic goals without the computational expense of combining them in a mathematical optimization process. A specific algorithm is proposed which is based on using a localized mismatch spreading algorithm. The method is potentially very useful for quantifying trade-offs between economics and system security in the newly evolving competitive environment
Published in:
Power Systems, IEEE Transactions on
(Volume:8
,
Issue:
1
)
Date of Publication: Feb 1993
- Page(s):
- 198 - 206
- ISSN :
- 0885-8950
- INSPEC Accession Number:
- 4439899
- Digital Object Identifier :
- 10.1109/59.221239
- Product Type:
- Journals & Magazines
- Date of Current Version :
- 06 August 2002
- Issue Date :
- Feb 1993
- Sponsored by :
- IEEE Power & Energy Society
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