A New Structure for Electricity Market Scheduling

Author

Soleymani, S. ; Ranjbar, A.M. ; Shirani, A.R.

Author_Institution

Dept. of Electr. Eng., Sharif Univ. of Technol., Tehran

fYear

2006

fDate

12-15 Dec. 2006

Firstpage

1

Lastpage

5

Abstract

On pool market structure, the generating units are typically dispatched in order of lowest to highest bid as needed to meet demand requirement as well as considering network constraints. Generally, no account is taken of generating unit´s reliability when scheduling them. This paper proposes a new structure for electricity market to consider generating unit´s reliability in the scheduling problem. GAMS (general algebraic modeling system) language has been used to solve the social welfare maximization problem using CPLEX optimization software with mixed integer programming.

Keywords

integer programming; power generation dispatch; power generation reliability; power generation scheduling; power markets; power system analysis computing; CPLEX optimization software; GAMS language; demand requirement; electricity market scheduling; general algebraic modeling system; generating unit dispatch; mixed integer programming; network constraints; reliability; social welfare maximization problem; Costs; Economic forecasting; Electricity supply industry; Job shop scheduling; Linear programming; Maintenance; Power generation; Power system modeling; Power system reliability; Power system security; Electricity Market; Generating Units; Power Generation Scheduling; Reliability;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Electronics, Drives and Energy Systems, 2006. PEDES '06. International Conference on

Conference_Location

New Delhi

Print_ISBN

0-7803-9772-X

Electronic_ISBN

0-7803-9772-X

Type

conf

DOI

10.1109/PEDES.2006.344321

Filename

4148028