Congestion management in electricity markets is traditionally done using deterministic values of power system parameters considering a fixed network configuration. In this paper, a stochastic programming framework is proposed for congestion management considering the power system uncertainties. The uncertainty sources that are modeled in the proposed stochastic framework consist of contingencie...

contrary to the long period ground motions that can be predicted and estimated, high frequency ground motions have random character and behave stochastically. stochastic modeling methods are usually used for the modeling of high frequency ground motions where there are not strong ground motion records. stochastic methods are of two kinds: in the first one, the seismic source is considered as a ...