Marginal Cost of Electricity: Probabilistic Formulation
1997; Taylor & Francis; Volume: 19; Issue: 6 Linguagem: Inglês
10.1080/00908319708908870
ISSN1521-0510
AutoresSaumen Majumdar, R. Sridhar, Jyoti K. Parikh,
Tópico(s)Optimal Power Flow Distribution
ResumoAbstract In this article, density estimation procedure is used to calculate the marginal cost of producing electricity after accounting for fixed outages. Two density estimation techniques, the Kernel method and the maximum penalized likelihood method are used to estimate load density. Next, in a production cost modeling framework, both the marginal variable operating cost and the marginal fixed capital cost are calculated for an Indian utility. Keywords: density estimationkernel estimationload duration curvemarginal capital costmarginal generating costmaximum penalized likelihood estimatorproduction cost modeling Additional informationNotes on contributorsSAUMEN MAJUMDAR Address correspondence to Saumen Majumdar, Public System Group, Indian Institute of Management, Vastrapur, Ahmedabad 380015, India. E-mail: saumen@iimahd.ernet.in
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