Certain developments in the electricity sector may result in suboptimal operation of base-load generating units in countries worldwide. Despite the fact they were not designed to operate in a flexible manner, increasing penetration of variable power sources coupled with the deregulation of the...

As wind power penetration grows, the amount of reserve needed on the system also grows, due to the increases in the uncertainty of wind power, which grows larger as forecast horizon increases. By scheduling the system more often the amount of extra reserve to be carried to cater for wind...