One of the significant strategies of the power systems is Economic Dispatch (ED) problem, which is defined as the optimal generation of power units to produce energy at the lowest cost by fulfilling the demand within several limits. The undeniable impacts of ramp rate limits, valve loading, prohibited operating zone, spinning reserve and multi-fuel option on the economic dispatch of practical p...

In a deregulated electricity industry, competitive bidding for energy and reserve is increasingly gaining importance and playing a decisive role in maintaining system reliability. The transmission capacity limits have a significant impact on market cost, therefore these limits should also be considered while optimizing the joint dispatch. In this paper, a detailed comparison of classical differ...

This paper presents a Harmony Search Algorithm to seek the optimal solution of the unit maintenance scheduling. For the maintenance scheduling, cost reduction is as important as reliability. The objective function of this algorithm considers the effect of economy as well as reliability. Various constraints such as spinning reserve, duration of maintenance crew are being taken into account. We a...

In this paper, BAT Algorithm is proposed to solve thermal unit commitment (UC) problem. The objective of UC is to determine the optimal generation of the committed units to meet the load demand and spinning reserve at each time interval, such that the overall cost of generation is minimized, while satisfying different operational constraints. BAT is a new cooperative agents approach, which is i...

Short-term load forecasting (STLF) is an essential procedure for effective and efficient realtime operations planning and control of generation within a power system. It provides the basis for unit-commitment and power system planning procedures, maintenance schedul‐ ing, system security assessment, and trading schedules. It establishes the generation, capaci‐ ty, and spinning reserve schedules...

| A framework for static security pricing in a re-regulated utility environment is presented. The eventual goal is to determine the marginal value of security resources, such as spinning reserve, voltage support, ramp rate ability, etc., in maintaining system security. The basic problem statement is presented in a form already decomposed into a master problem and contingent subproblems, which a...