This study aims to develop a method for low-cost production in power systems by analyzing key parameters such as production costs, line losses, and reliability in the contexts of production planning and load distribution processes. By taking these parameters into account, the goal is to enhance the system's sustainability and efficiency. System reliability refers to the capability of a system to perform a specified task within a given time frame. Reliability-based risk analysis is employed to assess the reliability of critical system components. Unit Commitment (UC) involves the optimal allocation of energy production units while considering production costs, line losses, and reliability factors. The amount of supercapacitors is determined by evaluating the reliability of system components, production costs, and losses. Supercapacitors are utilized in energy systems to prevent imbalances between supply and demand, and they are allocated to be equal to or greater than the capacity of the largest generator. Cost-benefit analysis is conducted to determine the optimal level of supercapacitors. The objective of this study is to achieve low-cost and sustainable energy production in power systems through a comprehensive analysis of production costs, line losses, and reliability parameters. The focus is on the efficient allocation of energy production units and conducting reliability-based risk analyses to achieve an optimal production balance.
Primary Language | English |
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Subjects | Power Plants |
Journal Section | Articles |
Authors | |
Publication Date | June 30, 2024 |
Submission Date | June 2, 2024 |
Acceptance Date | June 19, 2024 |
Published in Issue | Year 2024 Volume: 5 Issue: 1 |