Cost-benefit justification of an energy control center

R. D. Masiello, B. F. Wollenberg

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

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 and rigorous techniques versus manual or simple approaches is demonstrated.

Original languageEnglish (US)
Pages (from-to)2568-2574
Number of pages7
JournalIEEE Transactions on Power Apparatus and Systems
VolumePAS-100
Issue number5
DOIs
StatePublished - May 1981

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