Title :
Hydro generation scheduling with electricity price calculation
Author :
Legalov, D.I. ; Palamarchuk, S.I.
Author_Institution :
Siberian Branch of Russian Acad. of Sci., Irkutsk
Abstract :
A technique for long-term generation scheduling is proposed for power systems with hydro power plants (HPPs). A mathematical formulation of the problem supposes the application of dynamic programming method. The results of yearly generation scheduling in the Electric power system (EPS) of Siberia show strong dependence of the total fuel cost on the optimal monthly electricity production by individual HPPs. The prices of the electricity generated during a year and under different water conditions are calculated for power plants of the EPS of Siberia. The possibility of implementing the long-term optimal generation schedules at power plants by setting the electricity prices is shown.
Keywords :
dynamic programming; hydroelectric power stations; power generation scheduling; pricing; EPS; Electric power system; HPP; Siberia; dynamic programming method; electricity price calculation; hydro generation scheduling; hydro power plants; optimal monthly electricity production; Economic forecasting; Fuel economy; Job shop scheduling; Optimal scheduling; Power generation; Power generation economics; Power system dynamics; Power system economics; Processor scheduling; Water resources; Dynamics programming; Electricity generation price; Hydrothermal power systems; Long-term generation scheduling; Optimal schedule implementation;
Conference_Titel :
Power Tech, 2005 IEEE Russia
Conference_Location :
St. Petersburg
Print_ISBN :
978-5-93208-034-4
Electronic_ISBN :
978-5-93208-034-4
DOI :
10.1109/PTC.2005.4524592
