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• W2034361918 abstract "In this paper, we present a systematic approach for quantifying the impact of unscheduled line outages on real-time Locational Marginal Price (LMP). The probabilistic LMP is formulated with consideration of generation, load, and topology uncertainties. A computationally efficient 2n + 1 point estimation method is adopted to calculate statistical moments of LMP due to unscheduled transmission line outages. The proposed approach is demonstrated in a modified PJM five-bus system. Result of such study is beneficial for power market participants in developing a more comprehensive bidding strategy." @default.
• W2034361918 created "2016-06-24" @default.
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• W2034361918 date "2010-09-01" @default.
• W2034361918 modified "2023-09-27" @default.
• W2034361918 title "Quantifying the impact of unscheduled line outages on Locational Marginal Prices" @default.
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• W2034361918 doi "https://doi.org/10.1109/naps.2010.5618984" @default.
• W2034361918 hasPublicationYear "2010" @default.
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