Evaluating the integration of wind power into distribution networks by using Monte Carlo simulation
To provide a probabilistic method to assess the social welfare and the maximum wind power penetration. To evaluate the impact of wind power penetration on distribution locational marginal prices throughout the network. To model uncertainties due to the stochastic nature of wind speed and load demand and the volatility of wind turbines offer price and quantity.
monte carlo simulation wind turbines optimal power flow social welfare maximization demand side management