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Coupled natural gas and electric power systems
(Massachusetts Institute of Technology, 2015)
Scarce pipeline capacity in regions that rely on natural gas technologies for electricity generation has created volatile prices and reliability concerns. Gas-fired generation firms uniquely operate as large consumers in ...
A chronological probabilistic production cost model to evaluate the reliability contribution of limited energy plants
(Massachusetts Institute of Technology, 2012)
The growth of renewables in power systems has reinvigorated research and regulatory interest in reliability analysis algorithms such as the Baleriaux/Booth convolution-based probabilistic production cost (PPC) model. ...