Smart self-scheduling of Gencos with thermal and energy storage units under price uncertainty
|Title:||Smart self-scheduling of Gencos with thermal and energy storage units under price uncertainty||Authors:||Soroudi, Alireza||Permanent link:||http://hdl.handle.net/10197/6199||Date:||Jul-2013||Abstract:||This paper provides a self-scheduling tool for price taker Gencos. This methodology is based on Robust Optimization (RO) to deal with the uncertainties of market price values in the day-ahead electricity pool market. The Genco is assumed to be the entity who decides about the operating schedules of its thermal units and Compressed Air Energy Storage units. The benefits of Genco brought by smart grid technology and energy storage systems are investigated in this work. The applicability of the proposed method is analyzed through different scenarios.||Type of material:||Journal Article||Publisher:||Wiley||Journal:||International Transactions on Electrical Energy Systems||Volume:||24||Issue:||10||Start page:||1401||End page:||1418||Copyright (published version):||2013 John Wiley and Sons, Ltd||Keywords:||Robust optimization; Price taker Genco; Thermal scheduling; Uncertainty modeling; Smart grids||DOI:||10.1002/etep.1780||Language:||en||Status of Item:||Peer reviewed|
|Appears in Collections:||Electrical and Electronic Engineering Research Collection|
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