Pregled bibliografske jedinice broj: 238495
Calculating Marginal Value of Water in Croatian Power System Using the SDDP Model
Calculating Marginal Value of Water in Croatian Power System Using the SDDP Model // Proceedings of the 3rd Balkan Power Conference
Bukurešt, 2003. (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), stručni)
CROSBI ID: 238495 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Calculating Marginal Value of Water in Croatian Power System Using the SDDP Model
Autori
Aunedi, Marko ; Tot, Mario
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), stručni
Izvornik
Proceedings of the 3rd Balkan Power Conference
/ - Bukurešt, 2003
Skup
3rd Balkan Power Conference
Mjesto i datum
Bukurešt, Rumunjska, 11.06.2003. - 13.06.2003
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
stochastic dual dynamic programming; marginal value of water; electricity market
Sažetak
SDDP (Stochastic Dual Dynamic Programming) is a solution algorithm for optimization of a transmission-constrained hydro-thermal power system. Its objective is to produce dispatch schedule for hydro and thermal power plants by minimizing variable operation costs. Marginal value of water shows how system operation cost changes if additional unit of water is available for hydro generation, while opportunity cost of hydro indicates the economic value of an individual hydro power plant in a power system in a specific moment. The role of hydro energy in electricity market is also essential in aspects of balancing energy and providing ancillary services.
Izvorni jezik
Engleski
Znanstvena područja
Elektrotehnika
