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Author(s): Bruno André Gomes
João Tomé Saraiva
Title: Multi period auction incorporating complex bids and network technical constraints
Issue Date: 2012
Abstract: This paper presents an integrated model to deal with complex bids and network security constraints in electricity markets. Apart from purely economic aspects, power systems operation is also driven by technical issues that quite often turn unfeasible purely economic schedules. This is the case of up and down ramps and minimum technical limits of generators, nodal voltage ranges and branch flow limits. The activities of the Market and System Operators are quite often organized in terms of a sequential set of actions that may not guarantee identifying the best global solution. This suggests addressing the problem in a more integrated way and adopting a well known optimization technique, as Simulated Annealing. This paper describes the mathematical formulation of the problem, the adopted solution algorithm and details a case study based on the IEEE 24 bus/38 branch system.
Subject: Engenharia electrotécnica, Engenharia electrotécnica, electrónica e informática
Electrical engineering, Electrical engineering, Electronic engineering, Information engineering
Scientific areas: Ciências da engenharia e tecnologias::Engenharia electrotécnica, electrónica e informática
Engineering and technology::Electrical engineering, Electronic engineering, Information engineering
Source: MEDPOWER 2012
Document Type: Artigo em Livro de Atas de Conferência Internacional
Rights: restrictedAccess
Appears in Collections:FEUP - Artigo em Livro de Atas de Conferência Internacional

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