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Including short-term operation details in strategic generation expansion models

A. Nogales, S. Wogrin, E. Centeno

Renewable generation technologies are expected to reach large penetration levels in a number of electric power systems. These technologies are changing the plant scheduling of the rest of the generating facilities and as a result, operation-related issues become more important for an adequate analysis of generation expansion problems. A generation expansion equilibrium model which introduces start-ups and shut-downs under an oligopolistic market representation has been developed. A new approach to solve the equilibrium problem via an equivalent optimization problem has been used.

20th Conference of the International Federation of Operational Research Societies - IFORS 2014. Barcelona, Espaņa. 13-18 Julio 2014

Published: July 2014.

    Research topics:
  • *Long-term strategic analysis

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