In this article, a comparative analysis is made between three statistical methods (Taguchi's Orthogonal Array Testing method, Monte Carlo and Two-Point method) by integrating the uncertainty of primary sources of renewable generation in systems of electric power. The modeling of the Institute of...

This paper aims to analyze the characteristic of wind speed data in Al-Salman site - Iraq using Weibull distribution. Maximum likelihood method (MLM) was used to find out two essential Weibull parameters. The best wind distribution was described by using probability density function and...

In recent years, new methods concerning risk mitigation techniques in energy planning strategies have become popular. Delarue et al. introduced the integrated portfolio investment model to account for supply-demand constraints. This paper proposes a model which is suitable to the energy...