Abstract: This paper presents state estimation with Phasor Measurement Unit (PMU) allocation to obtain complete observability of network. A matrix is designed with modeling of zero injection constraints to minimize PMU allocations. State estimation algorithm is developed with optimal allocation of PMUs to find accurate states of network. The incorporation of PMU into traditional state estimation process improves accuracy and computational performance for large power systems. The nonlinearity integrated with zero injection (ZI) constraints is remodeled to linear frame to optimize number of PMUs. The problem of optimal PMU allocation is regarded with modeling of ZI constraints, PMU loss or line outage, cost factor and redundant measurements. The proposed state estimation with optimal PMU allocation has been compared with traditional state estimation process to show its importance. MATLAB programming on IEEE 14, 30, 57, and 118 bus networks is implemented out by Binary Integer Programming (BIP) method and compared with other methods to show its effectiveness.
Abstract: This paper presents a Generalized Binary Integer Linear Programming (GBILP) method for optimal allocation of Phasor Measurement Units (PMUs) and to generate Dynamic State Estimation (DSE) solution with complete observability. The GBILP method is formulated with Zero Injection Bus (ZIB) constraints to reduce the number of locations for placement of PMUs in the case of normal and single line contingency. The integration of PMU and conventional measurements is modeled in DSE process to estimate accurate states of the system. To estimate the dynamic behavior of the power system with proposed method, load change up to 40% considered at a bus in the power system network. The proposed DSE method is compared with traditional Weighted Least Squares (WLS) state estimation method in presence of load changes to show the impact of PMU measurements. MATLAB simulations are carried out on IEEE 14, 30, 57, and 118 bus systems to prove the validity of the proposed approach.
Abstract: In many countries, governments have been promoting the involvement of private sector entities to enter into long-term agreements for the development and delivery of large infrastructure projects, with a focus on overcoming the limitations upon public fund of the traditional approach. The involvement of private sector through public private partnerships (PPP) brings in new capital investments, value for money and additional risks to handle. Worldwide research studies have shown that an objective, systematic, reliable and useroriented risk assessment process and an optimal allocation mechanism among different stakeholders is crucial to the successful completion. In this framework, this paper, which is the first stage of a research study, aims to identify the main risks for the delivery of PPP projects. A review of cross-countries research projects and case studies was performed to map the key risks affecting PPP infrastructure delivery. The matrix of mapping offers a summary of the frequency of factors, clustered in eleven categories: construction, design, economic, legal, market, natural, operation, political, project finance, project selection and relationship. Results will highlight the most critical risk factors, and will hopefully assist the project managers in directing the managerial attention in the further stages of risk allocation.
Abstract: To tackle the air pollution issues, Plug-in Hybrid
Electric Vehicles (PHEVs) are proposed as an appropriate solution.
Charging a large amount of PHEV batteries, if not controlled, would
have negative impacts on the distribution system. The control process
of charging of these vehicles can be centralized in parking lots that
may provide a chance for better coordination than the individual
charging in houses. In this paper, an optimization-based approach is
proposed to determine the optimum PHEV parking capacities in
candidate nodes of the distribution system. In so doing, a profile for
charging and discharging of PHEVs is developed in order to flatten
the network load profile. Then, this profile is used in solving an
optimization problem to minimize the distribution system losses. The
outputs of the proposed method are the proper place for PHEV
parking lots and optimum capacity for each parking. The application
of the proposed method on the IEEE-34 node test feeder verifies the
effectiveness of the method.
Abstract: This paper presents a state-of-the-art survey of the
operations research models developed for internal audit planning.
Two alternative approaches have been followed in the literature for
audit planning: (1) identifying the optimal audit frequency; and (2)
determining the optimal audit resource allocation. The first approach
identifies the elapsed time between two successive audits, which can
be presented as the optimal number of audits in a given planning
horizon, or the optimal number of transactions after which an audit
should be performed. It also includes the optimal audit schedule. The
second approach determines the optimal allocation of audit frequency
among all auditable units in the firm. In our review, we discuss both
the deterministic and probabilistic models developed for audit
planning. In addition, game theory models are reviewed to find the
optimal auditing strategy based on the interactions between the
auditors and the clients.
Abstract: Natural gas, as one of the most important sources of
energy for many of the industrial and domestic users all over the
world, has a complex, huge supply chain which is in need of heavy
investments in all the phases of exploration, extraction, production,
transportation, storage and distribution. The main purpose of supply
chain is to meet customers’ need efficiently and with minimum cost.
In this study, with the aim of minimizing economic costs, different
levels of natural gas supply chain in the form of a multi-echelon,
multi-period fuzzy linear programming have been modeled. In this
model, different constraints including constraints on demand
satisfaction, capacity, input/output balance and presence/absence of a
path have been defined. The obtained results suggest efficiency of the
recommended model in optimal allocation and reduction of supply
chain costs.
Abstract: Restructuring of Electricity supply industry introduced many issues such as transmission pricing, transmission loss allocation and congestion management. Many methodologies and algorithms were proposed for addressing these issues. In this paper a power flow tracing based method is proposed which involves Matrices methodology for the transmission usage and loss allocation for generators and demands. This method provides loss allocation in a direct way because all the computation is previously done for usage allocation. The proposed method is simple and easy to implement in a large power system. Further it is less computational because it requires matrix inversion only a single time. After usage and loss allocation cooperative game theory is applied to results for finding efficient economic signals. Nucleolus and Shapely value approach is used for optimal allocation of results. Results are shown for the IEEE 6 bus system and IEEE 14 bus system.
Abstract: This paper deals with the optimal choice and allocation of multi FACTS devices in Deregulated power system using Evolutionary Programming method. The objective is to achieve the power system economic generation allocation and dispatch in deregulated electricity market. Using the proposed method, the locations of the FACTS devices, their types and ratings are optimized simultaneously. Different kinds of FACTS devices are simulated in this study such as UPFC, TCSC, TCPST, and SVC. Simulation results validate the capability of this new approach in minimizing the overall system cost function, which includes the investment costs of the FACTS devices and the bid offers of the market participants. The proposed algorithm is an effective and practical method for the choice and allocation of FACTS devices in deregulated electricity market environment. The standard data of IEEE 14 Bus systems has been taken into account and simulated with aid of MAT-lab software and results were obtained.
Abstract: The paper suggests for the first time the use of dynamic programming techniques for optimal risk reduction in the railway industry. It is shown that by using the concept ‘amount of removed risk by a risk reduction option’, the problem related to optimal allocation of a fixed budget to achieve a maximum risk reduction in the railway industry can be reduced to an optimisation problem from dynamic programming. For n risk reduction options and size of the available risk reduction budget B (expressed as integer number), the worst-case running time of the proposed algorithm is O (n x (B+1)), which makes the proposed method a very efficient tool
for solving the optimal risk reduction problem in the railway industry.
Abstract: This paper shows the results obtained in the analysis
of the impact of distributed generation (DG) on distribution losses
and presents a new algorithm to the optimal allocation of distributed
generation resources in distribution networks. The optimization is
based on a Hybrid Genetic Algorithm and Particle Swarm
Optimization (HGAPSO) aiming to optimal DG allocation in
distribution network. Through this algorithm a significant
improvement in the optimization goal is achieved. With a numerical
example the superiority of the proposed algorithm is demonstrated in
comparison with the simple genetic algorithm.
Abstract: In this paper, a novel method using Bees Algorithm is proposed to determine the optimal allocation of FACTS devices for maximizing the Available Transfer Capability (ATC) of power transactions between source and sink areas in the deregulated power system. The algorithm simultaneously searches the FACTS location, FACTS parameters and FACTS types. Two types of FACTS are simulated in this study namely Thyristor Controlled Series Compensator (TCSC) and Static Var Compensator (SVC). A Repeated Power Flow with FACTS devices including ATC is used to evaluate the feasible ATC value within real and reactive power generation limits, line thermal limits, voltage limits and FACTS operation limits. An IEEE30 bus system is used to demonstrate the effectiveness of the algorithm as an optimization tool to enhance ATC. A Genetic Algorithm technique is used for validation purposes. The results clearly indicate that the introduction of FACTS devices in a right combination of location and parameters could enhance ATC and Bees Algorithm can be efficiently used for this kind of nonlinear integer optimization.
Abstract: This paper proposes a new methodology for the
optimal allocation and sizing of Embedded Generation (EG)
employing Real Coded Genetic Algorithm (RCGA) to minimize the
total power losses and to improve voltage profiles in the radial
distribution networks. RCGA is a method that uses continuous
floating numbers as representation which is different from
conventional binary numbers. The RCGA is used as solution tool,
which can determine the optimal location and size of EG in radial
system simultaneously. This method is developed in MATLAB. The
effect of EG units- installation and their sizing to the distribution
networks are demonstrated using 24 bus system.
Abstract: This paper presents a genetic algorithm based
approach for solving security constrained optimal power flow
problem (SCOPF) including FACTS devices. The optimal location of
FACTS devices are identified using an index called overload index
and the optimal values are obtained using an enhanced genetic
algorithm. The optimal allocation by the proposed method optimizes
the investment, taking into account its effects on security in terms of
the alleviation of line overloads. The proposed approach has been
tested on IEEE-30 bus system to show the effectiveness of the
proposed algorithm for solving the SCOPF problem.
Abstract: Most Decision Support Systems (DSS) for waste
management (WM) constructed are not widely marketed and lack
practical applications. This is due to the number of variables and
complexity of the mathematical models which include the
assumptions and constraints required in decision making. The
approach made by many researchers in DSS modelling is to isolate a
few key factors that have a significant influence to the DSS. This
segmented approach does not provide a thorough understanding of
the complex relationships of the many elements involved. The
various elements in constructing the DSS must be integrated and
optimized in order to produce a viable model that is marketable and
has practical application. The DSS model used in assisting decision
makers should be integrated with GIS, able to give robust prediction
despite the inherent uncertainties of waste generation and the plethora
of waste characteristics, and gives optimal allocation of waste stream
for recycling, incineration, landfill and composting.
Abstract: This paper proposes a Particle Swarm Optimization
(PSO) based technique for the optimal allocation of Distributed
Generation (DG) units in the power systems. In this paper our aim is
to decide optimal number, type, size and location of DG units for
voltage profile improvement and power loss reduction in distribution
network. Two types of DGs are considered and the distribution load
flow is used to calculate exact loss. Load flow algorithm is combined
appropriately with PSO till access to acceptable results of this
operation. The suggested method is programmed under MATLAB
software. Test results indicate that PSO method can obtain better
results than the simple heuristic search method on the 30-bus and 33-
bus radial distribution systems. It can obtain maximum loss reduction
for each of two types of optimally placed multi-DGs. Moreover,
voltage profile improvement is achieved.
Abstract: This paper presents two simplified models to
determine nodal voltages in power distribution networks. These
models allow estimating the impact of the installation of reactive
power compensations equipments like fixed or switched capacitor
banks. The procedure used to develop the models is similar to the
procedure used to develop linear power flow models of transmission
lines, which have been widely used in optimization problems of
operation planning and system expansion. The steady state non-linear
load flow equations are approximated by linear equations relating the
voltage amplitude and currents. The approximations of the linear
equations are based on the high relationship between line resistance
and line reactance (ratio R/X), which is valid for power distribution
networks. The performance and accuracy of the models are evaluated
through comparisons with the exact results obtained from the
solution of the load flow using two test networks: a hypothetical
network with 23 nodes and a real network with 217 nodes.
Abstract: This conference paper discusses a risk allocation problem for subprime investing banks involving investment in subprime structured mortgage products (SMPs) and Treasuries. In order to solve this problem, we develop a L'evy process-based model of jump diffusion-type for investment choice in subprime SMPs and Treasuries. This model incorporates subprime SMP losses for which credit default insurance in the form of credit default swaps (CDSs) can be purchased. In essence, we solve a mean swap-at-risk (SaR) optimization problem for investment which determines optimal allocation between SMPs and Treasuries subject to credit risk protection via CDSs. In this regard, SaR is indicative of how much protection investors must purchase from swap protection sellers in order to cover possible losses from SMP default. Here, SaR is defined in terms of value-at-risk (VaR). Finally, we provide an analysis of the aforementioned optimization problem and its connections with the subprime mortgage crisis (SMC).