Multiarea System Reliability: The Economic Evaluation of System Security Criteria
Guler, Teoman
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https://hdl.handle.net/2142/81139
Description
Title
Multiarea System Reliability: The Economic Evaluation of System Security Criteria
Author(s)
Guler, Teoman
Issue Date
2009
Doctoral Committee Chair(s)
Garcia, Georgia E.
Department of Study
Electrical and Computer Engineering
Discipline
Electrical and Computer Engineering
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, General
Language
eng
Abstract
We illustrate the application of the proposed approaches on the large-scale ISO New England system in a number of studies. The results provide useful insights into the multifaceted nature of issues that arise in the today's tightly coupled market and system operations. In fact, the studies on the economics of the system security provide important insights into the role of price-responsive demand and that of specific selected security control actions measured by the economic efficiency of the electricity markets. (Abstract shortened by UMI.).
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