Effective transmission constrained economic dispatch for production costing

Summary In this paper, an effective Schur complement method is presented to solve transmission‐constrained dispatch (TCD) for Monte Carlo production costing. Several techniques for improving TCD performance are also proposed by taking the advantages of TCD special problem structures. Numerical testi...

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Bibliographic Details
Published inInternational journal of numerical modelling Vol. 29; no. 4; pp. 623 - 636
Main Authors Wu, Yu-Chi, Huang, Wen-Liang, Wang, Sheng-Ching, Lin, Jin-Yuan, Chang, Wei-Fu
Format Journal Article
LanguageEnglish
Published Bognor Regis Blackwell Publishing Ltd 01.07.2016
Wiley Subscription Services, Inc
Subjects
Complement
Computer simulation
contingency-transmission-constrained dispatch
Cost engineering
Electronics
linear programming
Mathematical models
Monte Carlo methods
Monte Carlo simulation
Networks
production costing
Schur complement method
Test procedures
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Summary:Summary In this paper, an effective Schur complement method is presented to solve transmission‐constrained dispatch (TCD) for Monte Carlo production costing. Several techniques for improving TCD performance are also proposed by taking the advantages of TCD special problem structures. Numerical testing on a real‐life large‐scale power system is presented to illustrate the performance of these proposed methodologies. Copyright © 2015 John Wiley & Sons, Ltd.
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content type line 23
ISSN:0894-3370
1099-1204
DOI:10.1002/jnm.2116