Medium-term hydro operation in a competitive electricity market

J. Barquín, E. Centeno, E. Malillos

IEEE PowerTech Conference - PowerTech 1999, Budapest (Hungary). 28 agosto - 02 septiembre 1999

Summary:
This paper presents a model to represent medium-term hydro poeration in a deregulated power market. The objective of the model is to maximise the profit for a firm. The system is represented in two different levels: weekly and yearly. Weekly module computes profit as a function of total hydro production of the firm in each week. The yearly module uses this function to obtain the optimal operation that maximises profit.

Keywords: Power systems operation, profit maximisation, medium-term hydrothermal scheduling.

DOI: 10.1109/PTC.1999.826477

Publication date: August 1999.

Citation:
Barquín, J., Centeno, E., Malillos, E., Medium-term hydro operation in a competitive electricity market, IEEE PowerTech Conference - PowerTech 1999, Budapest (Hungary). 28 August - 02 September 1999.

IIT-99-073A