A Novel Technique for Joint Energy and Reserve Dispatch Considering Lost Opportunity Cost

This paper presents a novel solution method for joint energy and Spinning Reserve (SR) dispatch problem. In systems in which the Lost Opportunity Cost (LOC) should be paid to generators, if the LOC is not considered in the dispatch problem, the results may differ from the truly optimum solution. Sin...

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Bibliographic Details
Main Authors: M. Farshad, J. Sadeh, H. Rajabi Mashhadi
Format: Article
Language:English
Published: Iran University of Science and Technology 2013-06-01
Series:Iranian Journal of Electrical and Electronic Engineering
Subjects:
Online Access:http://ijeee.iust.ac.ir/browse.php?a_code=A-10-863-4&slc_lang=en&sid=1