Construct · 1 fields · 1 citations

probabilistic production costing: a standalone construct

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Power systems

estimating generation cost and unserved energy by convolving unit outage probabilities with the load duration curve.

In power systems, probabilistic production costing refers to estimating generation cost and unserved energy by convolving unit outage probabilities with the load duration curve. This meaning comes from Booth (1972) in IEEE Transactions on Power Apparatus and Systems.[1]

Unit
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Nearby constructs

apparatus4 fields · 6 citationsjingle · one word, four constructs cost4 fields · 4 citationsjingle · one word, four constructs duration4 fields · 4 citationsjingle · one word, four constructs

References

Booth, R. (1972). Power System Simulation Model Based on Probability Analysis. IEEE Transactions on Power Apparatus and Systems, PAS-91(1), 62-69. https://doi.org/10.1109/tpas.1972.293291

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