The Katiza model

1 July 1976

journal article
Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Power Apparatus and Systems

Vol. 95 (4) , 1115-1122
https://doi.org/10.1109/T-PAS.1976.32204

Abstract

The KATIZA model is designed with the aim of optimizing investments in electric generation equipment. It is based on: - management simulation supplying the annual operating and failure costs of any prospective optimum structure of a generation system, - investment optimization permitting determination of an optimal strategy for the equipment of a production system over a given time period. The model carries out a schematization of reality by means of hypotheses that narrow down the field of application and make it more specific for certain types of problems. A special application of the KATIZA model makes it possible to assess the relative importance of the uncertainties of consumption and of thermal and hydraulic availability in determining the optimal size of an electric generation system.

Keywords

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