In the restructured power systems, renewable energy sources (RES) have been developed. Uncertainties of these generators reduce reliability and stability systems. The frequency voltage for correct operation systems must always be maintained within a nominal value. Ancillary services (AS), storage (ESS), demand response programs (DRPs) can effective solutions mentioned problems. Microgrids (MG) ...

Intermittent nature of wind power faced ISO and power producers with new challenges. Wind power uncertainty has increased the required reserve capacity and deployment reserve. Consequently, large-scale wind power generation increases ISO costs and consequently reserve prices. On the other hand, since wind power producers are price taker, large-scale wind power generation decreases residual dema...

From the optimization point of view, an optimum solution of the unit commitment problem with reliability constraints can be achieved when all constraints are simultaneously satisfied rather than sequentially or separately satisfying them. Therefore, the reliability constraints need to be appropriately formulated in terms of the conventional unit commitment variables. In this paper, the reli...

Microgrid is commonly regarded as an efficient way for integration of distributed generation (DG) in low voltage network. However, the integration method of microgrid in power system for maximum benefit needs to be further promoted. In this paper, a stochastic bidding strategy of microgrid in a joint dayahead market of energy and spinning reserve service is proposed taking into account of uncer...

in this paper, we will review the foreign exchange market and will try to extract an exchange market pressure and an intervention index for iran by following the weymark (1995) approach to evaluate the central bank of iran’s exchange rate policy during 1368:q1 to 1391:q3. the estimation method employed, is the econometric technique known in the literature as the two-stage least squares (2sls).t...

In an electric power system, spinning reserve requirements can be determined by using deterministic and/or probabilistic measures. Although deterministic methods are usual in many systems, application of probabilistic methods becomes increasingly important in the new environment of the electric power utility industry. This is because of the increased uncertainty associated with competition. In ...

One of the main concerns with the introduction of competition in the power sector is the strategic behaviour of market participants. Computable models of strategic behaviour are becoming increasingly important to understand the complexities of competition. Such models can help analyze market designs and regulatory policies. In this thesis, further developments on the modelling and analysis of s...