Abstract:In deregulated power markets, Independent System Operators (ISOs) maintains adequate reserve requirement in order to respond to generation and system security constraints. In order to estimate accurate reserve requirement and handling non-linearity and non-convexity of the problem, an efficient computational framework is required. In addition, ISO executes SCUC in order to reach the consistent operation. In this paper, a novel type of application which is Benders decomposition (BD) and Mixed integer non linear… Show more
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