A MIP-based optimal operation scheduling of pumped-storage plant in the energy and regulation markets
This paper addresses the problem of optimal operation scheduling of an individual pumped-storage plant to participate in the energy and regulation markets simultaneously. The goal is achieving of the maximum expected profit when the plant participates in a day-ahead (DA) energy and regulation market...
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Format: | Tagungsbericht |
Sprache: | eng |
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Zusammenfassung: | This paper addresses the problem of optimal operation scheduling of an individual pumped-storage plant to participate in the energy and regulation markets simultaneously. The goal is achieving of the maximum expected profit when the plant participates in a day-ahead (DA) energy and regulation markets while all of the technical constraints are satisfied. This optimal operation scheduling problem is formulated and solved as a mixed integer programming (MIP) problem. Numerical results for a case study are discussed. |
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DOI: | 10.1109/UPEC.2008.4651465 |