Scheduling of electricpower system operation in the light of amodern whole sale market

 
PIIS000233100003515-0-1
DOI10.31857/S000233100003515-0
Publication type Article
Status Published
Authors
Affiliation: Melentiev Energy Systems Institute of Siberian Branch of the Russian Academy of Sciences
Address: Russian Federation
Journal nameIzvestiia Rossiiskoi akademii nauk. Energetika
EditionIssue 6
Pages3-17
Abstract

Scheduling of the electric power system operation for different time horizons remains a crucial objective of dispatching control. The operation of electric power systems under a competitive wholesale market requires revision of statements and methods for solving traditional scheduling problems, considering new decision-making criteria and a variety of market trade forms. The paper presents characteristics of several problems related to mediumterm scheduling of electric power system operation. Consideration is given to a methodology for scheduling free bilateral contracts for power delivery. Additionally, the behavior of generation companies when preparing data on their generating equipment characteristics is described, and the main principles of the methodology for medium-term scheduling of power generation in power systems with thermal and hydraulic power plants are presented.

Keywordsgeneration scheduling, wholesale market, electricity prices, bi-level optimization, dynamic programming
AcknowledgmentThe work was carried out as part of the research project III.17.4.4 of the basic research program of the Siberian Branch of the Russian Academy of Sciences, state registration number AAAAA-A17-117030310433-6.
Received16.01.2019
Publication date16.01.2019
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