A solution for PBUC problem using payment for power delivered and power allocated method

Author

Vasiyullah, S. F. Syed ; Gopalakrishnan, Maheshwaran

Author_Institution

EEE Dept., AMSCE, Chennai, India

fYear

2013

fDate

12-14 Dec. 2013

Firstpage

605

Lastpage

607

Abstract

Unit commitment in the power system schedules on/off states of generating unit that minimize the total fuel cost. In PBUC, the objective is to maximize the profit of the GENCO in the deregulated environment. In deregulated environment, GENCO´s works on the bases of forecasted demand, reserve and price where the objective is to maximize their profit. The proposed method uses payment for power delivered and reserve allocated to solve PBUC problem. The proposed approach has been tested on 3 units system. The results of the proposed method have been compared with traditional unit commitment.

Keywords

power generation dispatch; power generation scheduling; power markets; pricing; GENCO; PBUC problem; deregulated environment; forecasted demand; generating unit scheduling; power allocated method; power delivered method; power system scheduling; price; profit based unit commitment; profit maximization; reserve allocated method; total fuel cost minimization; Handheld computers; Deregulated environment; PBUC; competitive market; restructured;

fLanguage

English

Publisher

ieee

Conference_Titel

Green Computing, Communication and Conservation of Energy (ICGCE), 2013 International Conference on

Conference_Location

Chennai

Type

conf

DOI

10.1109/ICGCE.2013.6823507

Filename

6823507