Title :
The implementation of an energy brokerage system using linear programming
Author :
Fahd, George ; Richards, Daniel A. ; Sheblé, Gerald B.
Author_Institution :
Dept. of Electr. Eng., Auburn Univ., AL, USA
fDate :
2/1/1992 12:00:00 AM
Abstract :
The authors focus on the economics involved in energy transfers. The function of an energy brokerage system is to establish interchange schedules between participating utilities in such a manner as to maximize the resulting savings. A brokerage system that uses linear programming (LP) is presented to maximize the savings or profits to each utility subject to import and export constraints. The cost quotations can also be determined using an LP formulation. Two examples to illustrate this formulation are given
Keywords :
economics; electricity supply industry; linear programming; power system interconnection; economics; energy brokerage system; energy transfers; interchange schedules; linear programming; Costs; Energy exchange; Environmental economics; Job shop scheduling; Linear programming; Optimal scheduling; Power generation economics; Power system economics; Power systems; Student members;
Journal_Title :
Power Systems, IEEE Transactions on