Please use this identifier to cite or link to this item:
https://hdl.handle.net/10216/74448
Author(s): | Carlos A. Guerreiro João Tomé Saraiva J. C. Sousa V. T. Mendes |
Title: | Operation planning of hydro stations using genetic algorithms considering their impact on the electricity market prices |
Issue Date: | 2014 |
Abstract: | With the advent of restructuring, generation companies have to plan the operation of their stations in order to maximize their profits. This is very relevant for companies having a large share of hydro stations, and even more if these stations have pumping capacity. This paper describes a model to plan the operation of a set of hydro stations eventually installed in cascade and admitting that some of them are pumping stations. Once a first set of operation orders is obtained using a Genetic Algorithm, their generation/load values are included in the expected market selling/buying curves and the hourly prices are updated. These prices are then used to refine the operation orders originating an iterative process so that hydro stations are price makers. The paper includes results for a hydro system in order to illustrate the application of the developed approach. |
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 |
URI: | https://repositorio-aberto.up.pt/handle/10216/74448 |
Source: | 2014 International Conference on The European Energy Market, EEM14 |
Document Type: | Artigo em Livro de Atas de Conferência Internacional |
Rights: | openAccess |
License: | https://creativecommons.org/licenses/by-nc/4.0/ |
Appears in Collections: | FEUP - Artigo em Livro de Atas de Conferência Internacional |
This item is licensed under a Creative Commons License