ASU Electronic Theses and Dissertations
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This research develops decision support mechanisms for power system operation and planning practices. Contemporary industry practices rely on deterministic approaches to approximate system conditions and handle growing uncertainties from renewable resources. The primary purpose of this research is to identify soft spots of the contemporary industry practices and propose innovative algorithms, methodologies, and tools to improve economics and reliability in power systems. First, this dissertation focuses on transmission thermal constraint relaxation practices. Most system operators employ constraint relaxation practices, which allow certain constraints to be relaxed for penalty prices, in their market models. A proper selection of penalty prices is …
- Kwon, Jonghwan, Hedman, Kory Walter, Heydt, Gerald, et al.
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