Study of loss of load probability in designing installed capacity market

Proceedings of the IEEE Power Engineering Society Transmission and Distribution Conference

Volumn 2, Issue SUMMER, 2002, Pages 830-835

  Yoon, Yong T ^a   Felder, Frank A ^b  

^a UNIVERSITY OF OKLAHOMA   (United States)

^b Independent Consultants   (United States)

Author keywords

Electric Power Industry Restructure; Loss of Load Probability (LOLP); Market Mechanisms; Power System Reliability

Indexed keywords

COMPETITION; COSTS; ELECTRIC LOAD MANAGEMENT; ELECTRIC POWER GENERATION; ELECTRIC POWER TRANSMISSION; INDUSTRIAL ECONOMICS; INVESTMENTS;

INSTALLED CAPACITY (ICAP) MECHANISMS; LOSS OF LOAD PROBABILITY (LOLP);

ELECTRIC INDUSTRY;

EID: 0038338656     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper

References (6)

1. R. Billinton, Reliability, Assessment of Electric Power Systems using Monte Carlo Methods, New York: Plenum Press, 1994.
2. A. W. Drake, Fundamentals of Applied Probability Theory, New York: McGraw-Hill, 1967.
3. P. Joskow, "California's Electricity Market Meltdown", New York Times, OpEd, January 13, 2001.
4. H. Varian, Microeconomic Analysis (2nd ed.), New York: Norton & Company, Inc. 1984.
5. Y. T. Yoon, "A Possible Notion of Short-term Value-based Relibaility", in Proc. 2002 IEEE Power Engineering Society Winter Meeting, pp. 315-320.
6. http:www.nyiso.com