New Technologies Required in Deregulated Power Systems

Abstract

Many new technologies will be required in deregulated power systems. They are classified into three types: power system optimization techniques, reliability and ancillary service, and new techniques for analysis, operation, and control. Examples of individual technologies are: risk management, transmission expansion planning, security assessment, costing of ancillary service, wide area network data acquisition, fast analysis method, etc. Let us develop new technologies and open new era of power system.