TITLE:
Reliability of Power System Integrated with Wind Generation Considering Carbon Tax
AUTHORS:
Xinwen Ni, Kwok Lun Lo
KEYWORDS:
Wind Power Integration, Power System Reliability, Carbon Tax
JOURNAL NAME:
World Journal of Engineering and Technology,
Vol.4 No.3D,
October
20,
2016
ABSTRACT: This paper proposes a method to evaluate the reliability of power system with different capacities of wind power while considering carbon tax. The proposed method is a hybrid approach which combines Frequency and Duration (F&D) method and Monte Carlo Simulation (MCS) method. MCS method is used to achieve a model to simulate the random status of power system. Also, the proposed method is applied on the IEEE 14-bus test system to investigate the effects of integrating different capacities of wind energy to the reliability of power system with considering carbon tax.