Assessing industrial load management in liberalized energy markets

Author

Illerhaus, S.W. ; Verstege, J.F.

Author_Institution

Wuppertal Univ., Germany

Volume

4

fYear

2000

fDate

2000

Firstpage

2303

Abstract

This paper addresses the problem of optimal operation planning of industrial power systems (IPS) considering the enhanced opportunities due to the liberalized energy markets. Therefore, the IPS is considered as an independent power producer particularly taking into account: the economic and technical assessment of spot energy transactions, the operational restrictions of combined heat and power (CHP) plants which can frequently be found in IPS, and the application of methods of industrial load management. The mathematical model representing IPS to formulate the optimization problem is presented and exemplary case study results are given

Keywords

electricity supply industry; industrial power systems; load management; optimisation; power system control; power system planning; combined heat and power plants; independent power producer; industrial load management assessment; liberalized energy markets; mathematical model; operational restrictions; optimal operation planning; spot energy transactions; Cogeneration; Contracts; Cost function; Environmental economics; Industrial power systems; Load management; Power generation economics; Power system management; Power system modeling; Power system planning;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering Society Summer Meeting, 2000. IEEE

Conference_Location

Seattle, WA

Print_ISBN

0-7803-6420-1

Type

conf

DOI

10.1109/PESS.2000.867350

Filename

867350