Naslov
Profit Maximization of a Hydro Producer in a Day- Ahead Energy Market and Ancillary Service Markets

Autori
Ilak, Perica ; Krajcar, Slavko ; Rajšl, Ivan ; Delimar, Marko

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
EUROCON, 2013 IEEE / - Zagreb : Institute of Electrical and Electronics Engineers (IEEE), 2013, 744-749

ISBN
978-1-4673-2232-4

Skup
IEEE Region 8 Conference EuroCon 2013

Mjesto i datum
Zagreb, Hrvatska, 01.07.2013. - 04.07.2013

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Hydroelectric producer; short-term planning; day-ahead auction market; ancillary services; head dependent power output; mixed integer linear programming

Sažetak
Water is scarce resource with uncertain availability. Hence finding an optimal production schedule for hydro producer is usually a complex task and it is necessary to carefully balance the timing of water use. This paper addresses the self-scheduling problem for a price-taker hydro producer. The goal is maximizing the profit of a hydro producer through participating in the day- ahead energy and ancillary service markets. The spinning reserve and regulation market are considered as ancillary service markets. The self- scheduling problem of hydro producer is formulated and solved as a mixed integer linear programming problem. Model is deterministic and three- dimensional relationship between the power produced, the water discharged, and the head of associated reservoir is accounted. Real hydropower system Vinodol is considered.

Izvorni jezik
Engleski

Znanstvena područja
Elektrotehnika, Ekonomija

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