Long-term energy management optimization according to different types of transactions

Author

Bart, A. ; Benahmed, M. ; Cherkaoui, R. ; Pitteloud, G. ; Germond, A.

Author_Institution

BKW FMB Energy Ltd., Bern, Switzerland

Volume

13

Issue

3

fYear

1998

fDate

8/1/1998 12:00:00 AM

Firstpage

804

Lastpage

809

Abstract

In this paper, we describe a method for the energy management, according to minimal costs criteria over one year (month after month), of an electrical utility, which has to deal with nuclear and hydro power plants, sale/purchase and exchange contracts, and spot market business. The chosen method for minimizing the costs is linear programming with most variables continuous, and a few binary ones. The results obtained allow us the management of every power plant, contract and the spot market business, in order to respect the economic, physical and environmental constraints

Keywords

economics; hydroelectric power stations; linear programming; load management; nuclear power stations; thermal power stations; continuous variables; costs minimisation; economic constraints; electrical utility; environmental constraints; exchange contracts; hydro power plants; linear programming; long-term energy management optimization; minimal costs criteria; nuclear power plants; physical constraints; sale/purchase contracts; spot market business; Contracts; Costs; Energy management; Linear programming; Marketing and sales; Power generation; Power generation economics; Power system modeling; Production; Transportation;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.708654

Filename

708654