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Improving Economic Dispatch through Transmission Switching: New Opportunities for a Smart Grid
Author:
Shmuel Oren, University of California at Berkeley
Year:
2009
Abstract:

The objective of this work is to explore, from an economic perspective, the potential of treating the grid as a flexible topology that can be co-optimized along with generation dispatch, subject to reliability constraints, so as to minimize the cost of serving load. This talk reviews recent work by the authors demonstrating that optimizing the network topology with generation unit commitment and dispatch can significantly improve the economic operations while maintaining the traditional "N-1 reliability" standard.

Document Type:
Webinar
Source:
PSERC