Title :
Medium-term hydro operation in a competitive electricity market
Author :
Barquin, J. ; Centeno, E. ; Malillos, E.
Author_Institution :
Univ. Pontifica Comillas, Madrid, Spain
Abstract :
This paper presents a model to represent medium-term hydro operation in a deregulated power market. The objective of the model is to maximise the profit for a firm. The system is represented in two different levels: weekly and yearly. The weekly module computes profit as a function of total hydro production of the firm in each week. The yearly module uses this function to obtain the optimal operation that maximises profit.
Keywords :
electricity supply industry; hydrothermal power systems; power generation scheduling; competitive electricity market; deregulated power market; hydrothermal scheduling; medium-term hydro operation; optimal operation; profit maximisation; total hydro production; weekly module; yearly module; Costs; Electricity supply industry; Electronic mail; Iterative methods; Linear programming; Power markets; Power system modeling; Processor scheduling; Production; Water resources;
Conference_Titel :
Electric Power Engineering, 1999. PowerTech Budapest 99. International Conference on
Conference_Location :
Budapest, Hungary
Print_ISBN :
0-7803-5836-8
DOI :
10.1109/PTC.1999.826477
