Coordination between medium-term generation planning and short-term operation in electricity markets
This paper analyzes the coordination between medium-term generation planning and short-term operation in electricity markets. This coordination is particularly important from a practical point of view in order to guarantee that certain aspects of the operation that arise in the medium-term level are...
Gespeichert in:
| Veröffentlicht in: | IEEE transactions on power systems 2006-02, Vol.21 (1), p.43-52 |
|---|---|
| Hauptverfasser: | , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext bestellen |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 52 |
|---|---|
| container_issue | 1 |
| container_start_page | 43 |
| container_title | IEEE transactions on power systems |
| container_volume | 21 |
| creator | Reneses, J. Centeno, E. Barquin, J. |
| description | This paper analyzes the coordination between medium-term generation planning and short-term operation in electricity markets. This coordination is particularly important from a practical point of view in order to guarantee that certain aspects of the operation that arise in the medium-term level are explicitly taken into account: limited-energy resources and obligatory-use resources. Three different approaches are proposed in order to guarantee that short-term decisions made by a generation company are consistent with its operation objectives formulated from a medium-term perspective. These approaches make use of technical and economic signals to coordinate both time scopes: primal information, dual information, and resource-valuation functions. This paper presents the main advantages and drawbacks of the three approaches and applies them to a case study that uses a conjectural-variation-based representation of the market. |
| doi_str_mv | 10.1109/TPWRS.2005.857851 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_RIE</sourceid><recordid>TN_cdi_ieee_primary_1583697</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ieee_id>1583697</ieee_id><sourcerecordid>28011058</sourcerecordid><originalsourceid>FETCH-LOGICAL-c404t-2efe67e4ab8b973cf1716ac4565b19420da44eb2dd4312e30bed357ed9408d593</originalsourceid><addsrcrecordid>eNp9kU9LAzEQxYMoWKsfQLwsHsTL1slusps9SvEfFBSteAy7m2lN7SY1SZF-e1NXETx4msP7vWHePEKOKYwohepi-vDy-DTKAPhI8FJwukMGlHORQlFWu2QAQvBUVBz2yYH3CwAoojAgamytU9rUQVuTNBg-EE3SodLrLg3oumSOBl0vr5a1MdrMk9qoxL9aF3rErn4IbRJcYhucbnXYJF3t3jD4Q7I3q5cej77nkDxfX03Ht-nk_uZufDlJWwYspBnOsCiR1Y1oqjJvZ7SkRd0yXvCGViwDVTOGTaYUy2mGOTSocl6iqhgIxat8SM76vStn39fog-y0b3EZz0a79jITEJ_FRQTP_wVpUdKc5YyXET39gy7s2pkYQ4qCC1EB20K0h1pnvXc4kyunY_iNpCC3_civfuS2H9n3Ez0nvUcj4i8fryti-E_1d43a</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>865889047</pqid></control><display><type>article</type><title>Coordination between medium-term generation planning and short-term operation in electricity markets</title><source>IEEE Electronic Library (IEL)</source><creator>Reneses, J. ; Centeno, E. ; Barquin, J.</creator><creatorcontrib>Reneses, J. ; Centeno, E. ; Barquin, J.</creatorcontrib><description>This paper analyzes the coordination between medium-term generation planning and short-term operation in electricity markets. This coordination is particularly important from a practical point of view in order to guarantee that certain aspects of the operation that arise in the medium-term level are explicitly taken into account: limited-energy resources and obligatory-use resources. Three different approaches are proposed in order to guarantee that short-term decisions made by a generation company are consistent with its operation objectives formulated from a medium-term perspective. These approaches make use of technical and economic signals to coordinate both time scopes: primal information, dual information, and resource-valuation functions. This paper presents the main advantages and drawbacks of the three approaches and applies them to a case study that uses a conjectural-variation-based representation of the market.</description><identifier>ISSN: 0885-8950</identifier><identifier>EISSN: 1558-0679</identifier><identifier>DOI: 10.1109/TPWRS.2005.857851</identifier><identifier>CODEN: ITPSEG</identifier><language>eng</language><publisher>New York: IEEE</publisher><subject>Decisions ; Economics ; Electric power generation ; Electricity ; Electricity markets ; Electricity supply industry ; Markets ; medium- and short-term coordination ; medium-term planning ; Power generation ; Power generation economics ; Power generation planning ; Power markets ; Power system planning ; Power systems ; Production systems ; Representations ; Resource management ; short-term operation</subject><ispartof>IEEE transactions on power systems, 2006-02, Vol.21 (1), p.43-52</ispartof><rights>Copyright The Institute of Electrical and Electronics Engineers, Inc. (IEEE) 2006</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c404t-2efe67e4ab8b973cf1716ac4565b19420da44eb2dd4312e30bed357ed9408d593</citedby><cites>FETCH-LOGICAL-c404t-2efe67e4ab8b973cf1716ac4565b19420da44eb2dd4312e30bed357ed9408d593</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://ieeexplore.ieee.org/document/1583697$$EHTML$$P50$$Gieee$$H</linktohtml><link.rule.ids>314,780,784,796,27924,27925,54758</link.rule.ids><linktorsrc>$$Uhttps://ieeexplore.ieee.org/document/1583697$$EView_record_in_IEEE$$FView_record_in_$$GIEEE</linktorsrc></links><search><creatorcontrib>Reneses, J.</creatorcontrib><creatorcontrib>Centeno, E.</creatorcontrib><creatorcontrib>Barquin, J.</creatorcontrib><title>Coordination between medium-term generation planning and short-term operation in electricity markets</title><title>IEEE transactions on power systems</title><addtitle>TPWRS</addtitle><description>This paper analyzes the coordination between medium-term generation planning and short-term operation in electricity markets. This coordination is particularly important from a practical point of view in order to guarantee that certain aspects of the operation that arise in the medium-term level are explicitly taken into account: limited-energy resources and obligatory-use resources. Three different approaches are proposed in order to guarantee that short-term decisions made by a generation company are consistent with its operation objectives formulated from a medium-term perspective. These approaches make use of technical and economic signals to coordinate both time scopes: primal information, dual information, and resource-valuation functions. This paper presents the main advantages and drawbacks of the three approaches and applies them to a case study that uses a conjectural-variation-based representation of the market.</description><subject>Decisions</subject><subject>Economics</subject><subject>Electric power generation</subject><subject>Electricity</subject><subject>Electricity markets</subject><subject>Electricity supply industry</subject><subject>Markets</subject><subject>medium- and short-term coordination</subject><subject>medium-term planning</subject><subject>Power generation</subject><subject>Power generation economics</subject><subject>Power generation planning</subject><subject>Power markets</subject><subject>Power system planning</subject><subject>Power systems</subject><subject>Production systems</subject><subject>Representations</subject><subject>Resource management</subject><subject>short-term operation</subject><issn>0885-8950</issn><issn>1558-0679</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2006</creationdate><recordtype>article</recordtype><sourceid>RIE</sourceid><recordid>eNp9kU9LAzEQxYMoWKsfQLwsHsTL1slusps9SvEfFBSteAy7m2lN7SY1SZF-e1NXETx4msP7vWHePEKOKYwohepi-vDy-DTKAPhI8FJwukMGlHORQlFWu2QAQvBUVBz2yYH3CwAoojAgamytU9rUQVuTNBg-EE3SodLrLg3oumSOBl0vr5a1MdrMk9qoxL9aF3rErn4IbRJcYhucbnXYJF3t3jD4Q7I3q5cej77nkDxfX03Ht-nk_uZufDlJWwYspBnOsCiR1Y1oqjJvZ7SkRd0yXvCGViwDVTOGTaYUy2mGOTSocl6iqhgIxat8SM76vStn39fog-y0b3EZz0a79jITEJ_FRQTP_wVpUdKc5YyXET39gy7s2pkYQ4qCC1EB20K0h1pnvXc4kyunY_iNpCC3_civfuS2H9n3Ez0nvUcj4i8fryti-E_1d43a</recordid><startdate>20060201</startdate><enddate>20060201</enddate><creator>Reneses, J.</creator><creator>Centeno, E.</creator><creator>Barquin, J.</creator><general>IEEE</general><general>The Institute of Electrical and Electronics Engineers, Inc. (IEEE)</general><scope>97E</scope><scope>RIA</scope><scope>RIE</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7SP</scope><scope>7TB</scope><scope>8FD</scope><scope>FR3</scope><scope>KR7</scope><scope>L7M</scope><scope>F28</scope></search><sort><creationdate>20060201</creationdate><title>Coordination between medium-term generation planning and short-term operation in electricity markets</title><author>Reneses, J. ; Centeno, E. ; Barquin, J.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c404t-2efe67e4ab8b973cf1716ac4565b19420da44eb2dd4312e30bed357ed9408d593</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2006</creationdate><topic>Decisions</topic><topic>Economics</topic><topic>Electric power generation</topic><topic>Electricity</topic><topic>Electricity markets</topic><topic>Electricity supply industry</topic><topic>Markets</topic><topic>medium- and short-term coordination</topic><topic>medium-term planning</topic><topic>Power generation</topic><topic>Power generation economics</topic><topic>Power generation planning</topic><topic>Power markets</topic><topic>Power system planning</topic><topic>Power systems</topic><topic>Production systems</topic><topic>Representations</topic><topic>Resource management</topic><topic>short-term operation</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Reneses, J.</creatorcontrib><creatorcontrib>Centeno, E.</creatorcontrib><creatorcontrib>Barquin, J.</creatorcontrib><collection>IEEE All-Society Periodicals Package (ASPP) 2005-present</collection><collection>IEEE All-Society Periodicals Package (ASPP) 1998-Present</collection><collection>IEEE Electronic Library (IEL)</collection><collection>CrossRef</collection><collection>Electronics & Communications Abstracts</collection><collection>Mechanical & Transportation Engineering Abstracts</collection><collection>Technology Research Database</collection><collection>Engineering Research Database</collection><collection>Civil Engineering Abstracts</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>ANTE: Abstracts in New Technology & Engineering</collection><jtitle>IEEE transactions on power systems</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Reneses, J.</au><au>Centeno, E.</au><au>Barquin, J.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Coordination between medium-term generation planning and short-term operation in electricity markets</atitle><jtitle>IEEE transactions on power systems</jtitle><stitle>TPWRS</stitle><date>2006-02-01</date><risdate>2006</risdate><volume>21</volume><issue>1</issue><spage>43</spage><epage>52</epage><pages>43-52</pages><issn>0885-8950</issn><eissn>1558-0679</eissn><coden>ITPSEG</coden><abstract>This paper analyzes the coordination between medium-term generation planning and short-term operation in electricity markets. This coordination is particularly important from a practical point of view in order to guarantee that certain aspects of the operation that arise in the medium-term level are explicitly taken into account: limited-energy resources and obligatory-use resources. Three different approaches are proposed in order to guarantee that short-term decisions made by a generation company are consistent with its operation objectives formulated from a medium-term perspective. These approaches make use of technical and economic signals to coordinate both time scopes: primal information, dual information, and resource-valuation functions. This paper presents the main advantages and drawbacks of the three approaches and applies them to a case study that uses a conjectural-variation-based representation of the market.</abstract><cop>New York</cop><pub>IEEE</pub><doi>10.1109/TPWRS.2005.857851</doi><tpages>10</tpages></addata></record> |
| fulltext | fulltext_linktorsrc |
| identifier | ISSN: 0885-8950 |
| ispartof | IEEE transactions on power systems, 2006-02, Vol.21 (1), p.43-52 |
| issn | 0885-8950 1558-0679 |
| language | eng |
| recordid | cdi_ieee_primary_1583697 |
| source | IEEE Electronic Library (IEL) |
| subjects | Decisions Economics Electric power generation Electricity Electricity markets Electricity supply industry Markets medium- and short-term coordination medium-term planning Power generation Power generation economics Power generation planning Power markets Power system planning Power systems Production systems Representations Resource management short-term operation |
| title | Coordination between medium-term generation planning and short-term operation in electricity markets |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-04T14%3A04%3A53IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_RIE&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Coordination%20between%20medium-term%20generation%20planning%20and%20short-term%20operation%20in%20electricity%20markets&rft.jtitle=IEEE%20transactions%20on%20power%20systems&rft.au=Reneses,%20J.&rft.date=2006-02-01&rft.volume=21&rft.issue=1&rft.spage=43&rft.epage=52&rft.pages=43-52&rft.issn=0885-8950&rft.eissn=1558-0679&rft.coden=ITPSEG&rft_id=info:doi/10.1109/TPWRS.2005.857851&rft_dat=%3Cproquest_RIE%3E28011058%3C/proquest_RIE%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=865889047&rft_id=info:pmid/&rft_ieee_id=1583697&rfr_iscdi=true |