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Three Essays on Decision Making under Uncertainty in Electric Power Systems

Wang, Lizhi (2007) Three Essays on Decision Making under Uncertainty in Electric Power Systems. Doctoral Dissertation, University of Pittsburgh. (Unpublished)

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This thesis consists of three essays, discussing three different but connected problems on decision making under uncertainty in electricpower systems.The first essay uses a system model to examine how various factors affect the market price of electricity, and decomposes the price toquantitatively evaluate the contributions of individual factors as well as their interactions. Sensitivity analysis results from a parametric quadratic program are applied in the computation.The second essay formulates the well studied security constrained economic dispatch (SCED) problem as a Markov decision process model,where the action space is a polyhedron defined by linear generation and transmission constraints. Such a model enables the decision maker to accurately evaluate the impact of a dispatch decision to the entire future operation of the electric power system.The third essay examines the effect of demand and supply side uncertainties on the exercise of market power. Solutions under Bertrand, Cournot, and linear supply function equilibrium (LSFE)models are derived and compared.The three problems studied in the essays are a unique representation of different levels of the decision making process in a sophisticated deregulated electric power system, using techniques from both mathematical programming and probability/statistics.


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Item Type: University of Pittsburgh ETD
Status: Unpublished
CreatorsEmailPitt UsernameORCID
Wang, Lizhiliw18@pitt.eduLIW18
ETD Committee:
TitleMemberEmail AddressPitt UsernameORCID
Committee ChairMazumdar, Mainakmmazumd@engr.pitt.eduMMAZUMD
Committee MemberSchaefer, Andrew J.schaefer@engr.pitt.eduSCHAEFER
Committee MemberRajgopal, Jayantrajgopal@engr.pitt.eduGUNNER1
Committee MemberBiegler, Lorenz
Committee MemberRajan,
Date: 25 September 2007
Date Type: Completion
Defense Date: 25 June 2007
Approval Date: 25 September 2007
Submission Date: 28 June 2007
Access Restriction: No restriction; Release the ETD for access worldwide immediately.
Institution: University of Pittsburgh
Schools and Programs: Swanson School of Engineering > Industrial Engineering
Degree: PhD - Doctor of Philosophy
Thesis Type: Doctoral Dissertation
Refereed: Yes
Uncontrolled Keywords: Decision making; electric power system; uncertainty
Other ID:, etd-06282007-152355
Date Deposited: 10 Nov 2011 19:48
Last Modified: 15 Nov 2016 13:45


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