Hydro generation scheduling with electricity price calculation

Author

Legalov, D.I. ; Palamarchuk, S.I.

Author_Institution

Siberian Branch of Russian Acad. of Sci., Irkutsk

fYear

2005

fDate

27-30 June 2005

Firstpage

1

Lastpage

6

Abstract

A technique for long-term generation scheduling is proposed for power systems with hydro power plants (HPPs). A mathematical formulation of the problem supposes the application of dynamic programming method. The results of yearly generation scheduling in the Electric power system (EPS) of Siberia show strong dependence of the total fuel cost on the optimal monthly electricity production by individual HPPs. The prices of the electricity generated during a year and under different water conditions are calculated for power plants of the EPS of Siberia. The possibility of implementing the long-term optimal generation schedules at power plants by setting the electricity prices is shown.

Keywords

dynamic programming; hydroelectric power stations; power generation scheduling; pricing; EPS; Electric power system; HPP; Siberia; dynamic programming method; electricity price calculation; hydro generation scheduling; hydro power plants; optimal monthly electricity production; Economic forecasting; Fuel economy; Job shop scheduling; Optimal scheduling; Power generation; Power generation economics; Power system dynamics; Power system economics; Processor scheduling; Water resources; Dynamics programming; Electricity generation price; Hydrothermal power systems; Long-term generation scheduling; Optimal schedule implementation;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Tech, 2005 IEEE Russia

Conference_Location

St. Petersburg

Print_ISBN

978-5-93208-034-4

Electronic_ISBN

978-5-93208-034-4

Type

conf

DOI

10.1109/PTC.2005.4524592

Filename

4524592