COST-BENEFIT JUSTIFICATION OF AN ENERGY CONTROL CENTER.

R. D. Masiello, B. F. Wollenberg

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Today there is no accepted methodology for evaluating the economic worth or the cost-effectiveness of Energy Management System functions which are intended to enhance the ″security″ of a power system. This paper reports on a study which analyzes the improvement in system reliability obtained from a sophisticated security analysis and security dispatch system. The worth of these functions is evaluated in terms of the additional transmission expansion required over a period of years in order to maintain system reliability with and without the security dispatch system. Significant economic results are obtained; also, the relative effectiveness of sophisticated anrigorous techniques versus manual or simple approaches is demonstrated.

Original languageEnglish (US)
Title of host publicationRadiophysics and Quantum Electronics (English Translation of Izvestiya Vysshikh Uchebnykh Zavedenii, Radiofizika)
PublisherIEEE Power Eng Soc
StatePublished - 1981
EventIEEE Power Eng Soc, Summer Meet, Pap - Minneapolis, MN, USA
Duration: Jul 13 1980Jul 18 1980

Other

OtherIEEE Power Eng Soc, Summer Meet, Pap
CityMinneapolis, MN, USA
Period7/13/807/18/80

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  • Cite this

    Masiello, R. D., & Wollenberg, B. F. (1981). COST-BENEFIT JUSTIFICATION OF AN ENERGY CONTROL CENTER. In Radiophysics and Quantum Electronics (English Translation of Izvestiya Vysshikh Uchebnykh Zavedenii, Radiofizika) IEEE Power Eng Soc.