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Investigation of Demand Diversity and Appropriate New Generation Entry into Electricity Market Simulation Tools (2005–2008)

Abstract:
The power industry is currently facing a great challenge in providing better market operation and management following recent devastating blackouts in North America, UK and Italy. This project aims at investigating major mechanisms of market simulation techniques including impacts from load diversity and approaches to defining appropriate new generation entry into the market. From the outcome of this project the National Electricity Market will be able to manage the uncertainties of load diversity (one of the most common blackout causes), and efficiently minimise risk associated with decisions on new generation entry to enhance electricity supply infrastructure.
Grant type:
ARC Linkage Projects
Researchers:

  • Professor Tapan Saha

    Professor
    School of Electrical Engineering and Computer Science
    Faculty of Engineering, Architecture and Information Technology
Funded by:
Australian Research Council