DocumentCode :
2286284
Title :
Medium-Term Unit Commitment in a pool market
Author :
Andrianesis, Panagiotis ; Liberopoulos, George ; Biskas, Pandelis ; Bakirtzis, Anastasios
Author_Institution :
Dept. of Mech. Eng., Univ. of Thessaly, Volos, Greece
fYear :
2011
fDate :
25-27 May 2011
Firstpage :
461
Lastpage :
466
Abstract :
We consider a mandatory pool, based to the one established in the Greek electricity market, in which the unit commitment and the scheduling of energy and reserves are the solution of Day-Ahead Scheduling (DAS), an optimization problem that is solved daily and aims to minimize the system cost for the next day. The single-day horizon of DAS may be rather short for capturing the effects of the long start-up times and large commitment costs of slow-start lignite units; hence, the DAS solution may be myopic, resulting in higher total costs in the long-run. To tackle this problem, the Greek market uses a heuristic approach, in which the units´ shut-down costs are replaced by their start-up costs and the start-up costs are suppressed; this facilitates the start-up and discourages the shutdown of slow-start units. To address and evaluate the “myopic solution” issue of DAS more rigorously, we extend the unit commitment problem to a longer horizon of several days, and keep only the solution for the next day as binding (rolling horizon). We call the resulting approach Medium-Term Unit Commitment (MTUC). We compare the long-run average performance of the MTUC output for different horizon lengths (2, 4 and 7 days) to that of the heuristic DAS approach used in the Greek market. The results show that MTUC brings in a small reduction in the total system cost.
Keywords :
power markets; scheduling; DAS approach; Greek electricity market; MTUC; day-ahead scheduling; medium-term unit commitment; myopic solution; pool market; Automatic generation control; Electricity supply industry; Europe; Load forecasting; Load modeling; Optimization; Uncertainty;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Energy Market (EEM), 2011 8th International Conference on the European
Conference_Location :
Zagreb
Print_ISBN :
978-1-61284-285-1
Electronic_ISBN :
978-1-61284-284-4
Type :
conf
DOI :
10.1109/EEM.2011.5953055
Filename :
5953055
Link To Document :
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