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These programs typically make use of [[mathematical optimization]] techniques such [[linear programming]], [[quadratic programming]], and [[mixed integer programming]].
Multiple elements of a power system can be modelled. A [[power
There are many power simulation software packages in commercial and non-commercial forms that range from utility-scale software to study tools.
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==Optimal power flow==
Electricity flows through an AC network according to [[Kirchhoff's circuit laws|Kirchhoff's Laws]]. Transmission lines are subject to thermal limits (simple megawatt limits on flow), as well as voltage and [[electrical stability]] constraints.
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where ''u'' is a set of the control variables, ''x'' is a set of independent variables, and the subscript 0 indicates that the variable refers to the pre-contingency power system.
The SCOPF is bound by equality and inequality constraint limits. The equality constraint limits are given by the pre and post contingency power
: <math> g^k(u^k, x^k)=0 \qquad\text{for }k=1,2,\ldots,n \, </math> <!-- Should those be subscripts instead of superscripts? -->
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==Models of competitive behavior==
The cost of producing a megawatt of electrical energy is a function of:
#fuel price
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