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Stochastic fluid flow model of the operation and maintenance of power generation systems

journal contribution
posted on 2023-05-17, 04:17 authored by Bean, NG, Malgorzata O'ReillyMalgorzata O'Reilly, Jane SargisonJane Sargison
A tool to inform strategic decision making on electricity market bidding prices, based on prediction of long-term system operation, degradation, and maintenance, is described. The operation and maintenance of a hydro-power generation system is modeled using a bounded stochastic fluid flow model with special behavior at the boundaries. The stationary distribution for the model and useful time-dependent performance measures are derived. The application potential of the model is illustrated through a practical industry-derived example modeling the operation of a hydro-power generator, in which a number of operation strategies are compared using several performance measures.


Publication title

IEEE Transactions on Power Systems








School of Natural Sciences


Ieee-Inst Electrical Electronics Engineers Inc

Place of publication

445 Hoes Lane, Piscataway, USA, Nj, 08855

Rights statement

Copyright © 2010 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.”

Repository Status

  • Restricted

Socio-economic Objectives

Expanding knowledge in the mathematical sciences

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