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This talk will concentrate on presenting and discussing various novel methodologies for the inclusion of stability constraints in optimal power flow (OPF) models to better represent power system security in OPF applications. Comparisons of the proposed methods with respect to classical security constrained OPF techniques typically used in energy auctions will be presented, concentrating on discussing the effect that the proposed new models can have on electricity prices as well as system security in the context of competitive electricity markets. Host: Misha Chertkov, chertkov@lanl.gov, 665-8119 |