• Title/Summary/Keyword: price-based unit commitment

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The survey on the Approach to the problem of Security-Constrained Price-Based Unit Commitment in the Deregulated Power Market (전력시장에서 안전도와 가격을 고려한 발전기 기동정지계획문제에 대한 조사연구)

  • Jang, Se-Hwan;Kim, Jin-Ho
    • Proceedings of the KIEE Conference
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    • 2006.07a
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    • pp.359-360
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    • 2006
  • This paper introduces a variable of methodology and models of solving Security-Constrained Price-Based Unit Commitment(SPUC) Problems in the Deregulated Power Market. The objective of SPUC is coordination between GENCOs and the ISO. GENCOs apply Price-Based Unit Commitment(PBUC) without security constraints and submit capacity bids to the ISO for maximizing their revenues. Using generation data and transmission data obtained from TRANSCOs, the ISO applies Security-Constrained Unit Commitment(SCUC), executes congestion management and contingency analysis for minimizing line flow violations and the risk supplying loads. Considering analysis data, the ISO should adjust GENCOS' bid. In this paper, we presents the result of survey and analyze on the approach of the SPUC problem.

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Optimal Generation Asset Arbitrage In Electricity Markets

  • Shahidehpour Mohammad;Li Tao;Choi Jaeseok
    • KIEE International Transactions on Power Engineering
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    • v.5A no.4
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    • pp.311-321
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    • 2005
  • A competitive generating company (GENCO) could maximize its payoff by optimizing its generation assets. This paper considers the GENCO's arbitrage problem using price-based unit commitment (PBUC). The GENCO could consider arbitrage opportunities in purchases from qualifying facilities (QFs) as well as simultaneous trades with spots markets for energy, ancillary services, emission, and fuel. Given forecasted hourly market prices for each market, the GENCO's generating asset arbitrage problem is formulated as a mixed integer program (MIP) and solved by a branch-and-cut algorithm. A GENCO with 54 thermal and 12 combined-cycle units is considered for analyzing the proposed formulation. The proposed case studies illustrate the significance of simultaneous arbitrage by applying PBUC to multi-commodity markets.

Economic Dispatch of Thermal Units of a GENCO Using the Gradient Projection Method (경사 투영법을 이용한 발전사업자의 경제급전)

  • 정정원
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.52 no.9
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    • pp.550-556
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    • 2003
  • Price-based unit commitment is one of bidding strategies which a Genco may take in a practical manner. For that purpose, it is required for a Genco to decide output levels of its generators at each trade period. In this paper, an economic dispatch of thermal units is proposed considering the quantity of reserve contracts. A gradient projection algorithm is adopted as an optimization tool. A direct form of a projection matrix without any calculation of matrix inverse and multiplications is induced. Besides, it is proved that there is no need to check one of the two optimality conditions in the gradient projection method, which also requires matrix inverse and multiplications.

Price-Based Unit Commitment for Micro-CHP in Korea (한국 전력시장 환경을 고려한 소형열병합발전기의 요금 기반 기동정지계획)

  • Joo, Jhi-Young;Ahn, Sang-Ho;Kim, Dong-Hyeon;Park, Geun-Pyo;Yoon, Yong-Tae
    • Proceedings of the KIEE Conference
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    • 2006.07a
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    • pp.347-348
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    • 2006
  • 발전기의 기동정지계획(unit commitment)에 있어서 전통적인 방식은 발전기를 기동/정지하는데 드는 비용(cost)을 기반으로 결정해 왔다. 그러나 전력시장의 변화에 따라 반전기의 기동정지계획에 전력 요금(price)의 중요성이 인식되면서 요금에 기반한 기동정지계획에 대한 연구들이 진행되고 있다. (1) 본 논문에서는 이러한 요금 기반 기동정지계획을 한국의 전력시장 환경에서 소형열병합발전기(micro-CHP(combined heat and power))에 적용해 본다. 한국의 전력시장에서 주택에 사용되는 전력 요금에 대해서는 누진제가 적용된다. 그러므로 븐 논문에서는 아파트에 설치된 소형열병합발전기의 요금 기반 기동정지계획의 시뮬레이션 결과를 분석함으로써 전력 요금의 누진제가 기동정지계획에 어떠한 영향을 주는지에 대해서 논하고자 한다.

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