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Probabilistic generating capacity cost of service allocation

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2 Author(s)
Chu, K. ; Saskatchewan Univ., Saskatoon, Sask., Canada ; Billinton, R.

A procedure is presented for cost-of-service allocation at hierarchical level I (HLI) which utilizes a probabilistic technique similar to that used by many utilities for generating-capacity planning. The procedure is illustrated by application to the IEEE Reliability Test System (RTS). A brief introduction to the deterministic techniques presently utilized by most utilities in HLI cost-of-service allocation is provided. The results obtained by applying selected methods to the IEEE RTS are illustrated and compared

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Power Systems, IEEE Transactions on  (Volume:4 ,  Issue: 3 )