A recursive approach to calculating derivatives of production cost and reliability of generation system

S. L. Chen; H. T. Yang

doi:10.1109/60.43236

A recursive approach to calculating derivatives of production cost and reliability of generation system

S. L. Chen, H. T. Yang

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

Production cost (PC) and reliability of generation system can be evaluated by probabilistic production simulation. The derivatives of PC and reliability refer to the changes of simulation results due to marginal variation of a specific system parameter, which may be an hourly load level, or the unit capacity (UC) or forced outage rate (FOR) of a generating unit. A recursive computational procedure derived from the cumulant method for efficiently calculating these derivatives is proposed. The procedure is applicable to the derivatives with respect to load, UC or FOR. Moreover, the procedure could handle any number of cumulants without additional theoretical development or software implementation effort. The general accuracy of this procedure and three applications are presented.

Original language	English
Pages (from-to)	358-367
Number of pages	10
Journal	IEEE Transactions on Energy Conversion
Volume	4
Issue number	3
DOIs	https://doi.org/10.1109/60.43236
Publication status	Published - 1989 Sept

All Science Journal Classification (ASJC) codes

Energy Engineering and Power Technology
Electrical and Electronic Engineering

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10.1109/60.43236

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A recursive approach to calculating derivatives of production cost and reliability of generation system

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