Title :
Optimization model for electric power supply chain operation based on system engineering
Author :
Qu, Bin ; Lu, Liusi
Author_Institution :
Sch. of Econ. & Manage., North China Electr. Power Univ., Beijing, China
Abstract :
Supply chain is an open, dynamic and complex system impacted by a lot of uncertainty factors. Power supply chain is no exception. In this paper, adopting the theories and methods of system engineering, we establish a robust optimal operation model for China electric power supply chain in the context of uncertain coal prices and electricity demands. The uncertainty of coal price is modeled as a symmetrical, continual and limited interval, and the uncertain demands are described as a scenario set with certain probability. Then, numerical examples are presented and the results show that the two kinds of uncertainties within a certain range only reduce the profits of related enterprise, while the operation strategy of supply chain is constant, that is, the model provided is robust.
Keywords :
optimisation; power system economics; pricing; probability; supply chain management; coal prices; electric power supply chain operation; electric power system; electricity demands; optimization model; probability; robust optimal operation model; system engineering; Uncertainty; electric power supply chain; robust optimization; uncertainty;
Conference_Titel :
System Science, Engineering Design and Manufacturing Informatization (ICSEM), 2011 International Conference on
Conference_Location :
Guiyang
Print_ISBN :
978-1-4577-0247-1
DOI :
10.1109/ICSSEM.2011.6081333