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Effective transmission constrained economic dispatch for production costing
Author(s) -
Wu YuChi,
Huang WenLiang,
Wang ShengChing,
Lin JinYuan,
Chang WeiFu
Publication year - 2015
Publication title -
international journal of numerical modelling: electronic networks, devices and fields
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.249
H-Index - 30
eISSN - 1099-1204
pISSN - 0894-3370
DOI - 10.1002/jnm.2116
Subject(s) - activity based costing , computer science , production (economics) , economic dispatch , monte carlo method , complement (music) , transmission (telecommunications) , mathematical optimization , scale (ratio) , power transmission , power (physics) , reliability engineering , operations research , electric power system , engineering , economics , mathematics , telecommunications , microeconomics , statistics , physics , biochemistry , accounting , phenotype , chemistry , quantum mechanics , complementation , gene
Summary In this paper, an effective Schur complement method is presented to solve transmission‐constrained dispatch (TCD) for Monte Carlo production costing. Several techniques for improving TCD performance are also proposed by taking the advantages of TCD special problem structures. Numerical testing on a real‐life large‐scale power system is presented to illustrate the performance of these proposed methodologies. Copyright © 2015 John Wiley & Sons, Ltd.