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Estimating Optimal Size of GenCos in a Restructured Power System, in order to Improve Reliability Based on Monte Carlo and Sensitivity Analysis Methods

Author Affiliations

  • 1Department of Electrical Engineering, Khomeinishahr Branch, Islamic Azad University, Isfahan, IRAN
  • 2Young Researchers and Elite Club, Najafabad Branch, Islamic Azad University, Najafabad, Isfahan, IRAN

Res. J. Recent Sci., Volume 3, Issue (8), Pages 74-79, August,2 (2014)


In this paper, an algorithm is proposed in order to optimal sizing of the GenCos in a restructured power system based on well-known reliability indices. The proposed method uses Monte Carlo simulation to find indices after connecting each GenCo in an appropriate bus which has been found by sensitivity analysis. To show the validation and effectiveness of the proposed method simulation on IEEE reliability test system (IEEE-RTS) are presented.


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