• DocumentCode
    2678779
  • Title

    Dominion´s Tools for Optimizing Assets in PJM

  • Author

    McBride, Bill

  • Author_Institution
    Dominion Energy, Severin Garanzuay, PCI
  • fYear
    2006
  • fDate
    18-22 June 2006
  • Firstpage
    1
  • Lastpage
    1
  • Abstract
    Dominion operates a generation portfolio of 28,100 megawatts in PJM. In 2005, Dominion migrated from a control-area centric to an RTO-centric mode of operation This paper describes the bidding tools that Dominion set up to: • Forecast LMPs • Run unit commitment to forecast fuel burn • Create day-ahead unit offers & demand bids • Evaluate day-ahead strategies • Forecast day-ahead revenues, costs, and P&Ls • Submit day-ahead unit offers & demand Bids to PJM • Download day-ahead awards and LMPs • Post-analyze day-ahead SCUC schedules to check whether these schedules are optimal for Dominion
  • Keywords
    Cost function; Demand forecasting; Fuels; Optimal control; Portfolios;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power Engineering Society General Meeting, 2006. IEEE
  • Print_ISBN
    1-4244-0493-2
  • Type

    conf

  • DOI
    10.1109/PES.2006.1709273
  • Filename
    1709273
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2678779