Please use this identifier to cite or link to this item:
https://hdl.handle.net/10216/98016
Author(s): | Adelino J. C. Pereira João Tomé Saraiva |
Title: | Building generation expansion plans- A decision aid approach to use in competitive electricity markets |
Issue Date: | 2010 |
Abstract: | Generation expansion planning gained a new dimension with the advent of electricity markets. It is now an activity decoupled from transmission and there are several agents competing to generate electricity and aiming at maximizing their individual profits. In view of this, it becomes more important to develop tools to help generation agents to build their expansion plans, internalizing several uncertainties in the model, an being able to simulate different possible reactions of the other competitors, given their impact in the profits of the agent being modelled. In this paper, we present a long-term decision aid tool that uses System Dynamics to model the long run of electricity markets together with Genetic Algorithms to solve the individual expansion problem of generation agents given their mixed-integer nature. Apart from the detailed description of the developed approach, the paper also includes a Case Study based on a four generation agent system to illustrate its application. |
Subject: | Engenharia electrotécnica, electrónica e informática 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/10216/98016 |
Source: | 7th MEDPOWER |
Document Type: | Artigo em Livro de Atas de Conferência Internacional |
Rights: | restrictedAccess |
Appears in Collections: | FEUP - Artigo em Livro de Atas de Conferência Internacional |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
63305.pdf Restricted Access | MedPower_2010_Adelino | 209.27 kB | Adobe PDF | Request a copy from the Author(s) |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.