Electric power systems operation by decision and control. The case revisited

摘要: We have witnessed sweeping changes in the organization of electric power industry. This has had a profound effect on industry's system operations and planning rules created need to revisit its modeling, decision-making, control principles. Historically, decision large-scale systems developed as interconnection grown. The article begins by assessing principles operation for today's fully regulated Following this summary, several major ongoing are interpreted from point view. It turns out that challenges-economic, policy, technical-are inherently problems. To illustrate claim, new decision-making problems essential having successful generation business competitive industry defined. section is very detailed describes challenge introducing profit-based risk management issues context under highly uncertain, often volatile, market price electricity. that, modified objectives making future delivery companies described. discussion shows how these regulatory directly impact hierarchies complexity related dynamic problem. Moreover, so-called load serving entities or energy service providers will be critical technologies potentially useful specific customers.