<abstract xml:lang="en" xmlns="http://www.w3.org/1999/xhtml"><p>The authors propose to select long-term solutions to the reliability problems of electrical networks in the stage of development planning. The guide lines or basic principles of such optimization are: 1) its dynamical nature; 2) development sustainability; 3) integrated solution of the problems of network development and electricity supply reliability; 4) consideration of information uncertainty; 5) concurrent consideration of the network and generation development problems; 6) application of specialized information technologies; 7) definition of requirements for independent electricity producers. In the article, the major aspects of liberalized electricity market, its functions and tasks are reviewed, with emphasis placed on the optimization of electrical network development as a significant component of sustainable management of power systems.</p></abstract>

The authors propose to select long-term solutions to the reliability problems of electrical networks in the stage of development planning. The guide lines or basic principles of such optimization are: 1) its dynamical nature; 2) development sustainability; 3) integrated solution of the problems of network development and electricity supply reliability; 4) consideration of information uncertainty; 5) concurrent consideration of the network and generation development problems; 6) application of specialized information technologies; 7) definition of requirements for independent electricity producers. In the article, the major aspects of liberalized electricity market, its functions and tasks are reviewed, with emphasis placed on the optimization of electrical network development as a significant component of sustainable management of power systems.

Basic Principles of Electrical Network Reliability Optimization in Liberalised Electricity Market

Institute of Physical Energetics, Aizkraukles iela 21, Riga, LV-1006, LATVIA

Latvian Journal of Physics and Technical Sciences

The authors propose to select long-term solutions to the reliability problems of electrical networks in the stage of development planning. The guide lines or...

Basic Principles of Electrical Network Reliability Optimization in Liberalised Electricity Market

Published Online: Sep 23, 2008

Page range: 3 - 13

DOI: https://doi.org/10.2478/v10047-008-0015-5

This content is open access.