DocumentCode
2353600
Title
Optimal Operation of Distributed CHP Systems for Participation in Electricity Spot Markets
Author
Brujic, Djordje ; Ristic, Mihailo ; Thoma, Konrad
Author_Institution
Imperial Coll. London, London
fYear
2007
fDate
9-12 Sept. 2007
Firstpage
1463
Lastpage
1469
Abstract
An optimisation tool is proposed to determine optimal operation schedule for distributed combined heat and power (CHP) plants which participate in electricity spot markets. It was tested and analysed using realistic data for a heat and electricity demands and their corresponding prices. The results show substantial cost savings compared to the benchmarked alternatives.
Keywords
cogeneration; power markets; scheduling; distributed combined heat and power plants; electricity demands; electricity spot markets; heat demands; optimal operation schedule; optimisation tool; Cogeneration; Contracts; Costs; Energy consumption; Global warming; Power generation; Resistance heating; Space heating; Trigeneration; Waste heat; Distributed power; Optimal control;
fLanguage
English
Publisher
ieee
Conference_Titel
EUROCON, 2007. The International Conference on "Computer as a Tool"
Conference_Location
Warsaw
Print_ISBN
978-1-4244-0813-9
Electronic_ISBN
978-1-4244-0813-9
Type
conf
DOI
10.1109/EURCON.2007.4400624
Filename
4400624
Link To Document