The result of electric power deregulation is the creation of a power market where generators compete with each other to sell their energy to the Independent System Operators. Spinning reserve (SR) as one of the ancillary services in a deregulated system are on-line ready generating units that can respond to loads in a matter of seconds during contingencies. The cost of scheduling SR and the cost of reliability loss are two major factors that are considered in making decisions of whether to schedule SR or not. This book presents the load forecast uncertainty (LFU)-based SR assessment (LSRA)...