Optimal multi-area generation schedule considering renewable resources mix: a real-time approach

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Title: Optimal multi-area generation schedule considering renewable resources mix: a real-time approach
Authors: Soroudi, Alireza
Rabiee, Abbas
Permanent link: http://hdl.handle.net/10197/6205
Date: Sep-2013
Abstract: One of the key role players in deregulated electricity markets is a retailer. This study proposes a multi-area dynamic economic dispatch (MA-DED) model for a retailer, taking into account hydrothermal generating units, wind power generation and power pool market, to supply the overall demand of the system for a given horizon. The uncertainties in wind power generations, energy prices and demand of the system are also modelled to make the proposed approach more practical in case of real-time operation of practical power systems. Scenario-based approach is adopted for uncertainty modelling. In order to make the proposed MA-DED applicable in real-time operation of power systems, optimality condition decomposition (OCD) technique is employed along with parallel computation ability. The proposed approach is examined on two interconnected power networks, to demonstrate its applicability for real-time scheduling of joint thermal and undispatchable renewable energy resources. DED, multi-area, OCD, real-time, uncertainty modelling, scenario-based approach.
Type of material: Journal Article
Publisher: Institute of Engineering and Technology (IET)
Journal: IET Generation, Transmission and Distribution
Volume: 7
Issue: 9
Start page: 1011
End page: 1126
Copyright (published version): 2013 The Institution of Engineering and Technology
Keywords: Dynamic economic dispatch (DED)Multi-areaOptimality condition decomposition (OCD)Real-timeUncertainty modelingScenario based approach
DOI: 10.1049/iet-gtd.2012.0735
Language: en
Status of Item: Peer reviewed
Appears in Collections:Electrical and Electronic Engineering Research Collection

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