This paper presents a novel corrective control strategy that can effectively coordinate distributed and bulk energy storage to relieve post-contingency overloads. Immediately following a contingency, distributed batteries are implemented to provide fast corrective actions to reduce power flows...

This paper presents a novel probabilistic optimization algorithm for simultaneous active and reactive power dispatch in power systems with significant wind power integration. Two types of load and wind-speed uncertainties have been assumed that follow normal and Weibull distributions,...

This paper presents a novel technique for representing system security in the operation of decentralized electricity markets, with special emphasis on voltage stability. The market-clearing algorithm is modeled as voltage stability constrained-optimal power flow (VSC-OPF) problem for providing...