Accurate and effective electricity price forecasting is critical to market participants in order to make an appropriate risk management in competitive electricity markets. Market participants rely on price forecasts to ...

Flexible AC Transmission Systems (FACTS) controllers with its ability to directly control the power flow can offer great opportunities in modern power system, allowing better and safer operation of transmission network. ...

Economic dispatch with valve point effect and Prohibited Operating Zones (POZs) is a non-convex and discontinuous optimization problem. Harmony Search (HS) is one of the recently presented meta-heuristic algorithms for ...

In this paper, a novel compensator based on Magnetically Controlled Reactor with Fixed Capacitor banks (FC-MCR) is introduced and then power system stability in presence of this compensator is studied using an intelligent ...

Wind power generation is variable and uncertain. In the power systems with high penetration of wind power, determination of equivalent operating reserve is the main concern of systems operator. In this paper, a model is ...