Managing the risk associated with uncertain load has always been a challenge for retailers in electricity markets. Yet the load variability has been largely predictable in the past, especially when aggregating a large number of consumers. In contrast, the increasing penetration of unpredictable,...

In renewable power generation, solar photovoltaic as clean and green energy technology plays a vital role to fulfill the power shortage of any country. Modeling, simulation and analysis of solar photovoltaic (PV) generator is a vital phase prior to mount PV system at any location, which helps to...