Operation Planning of Hydro Power Plants Using Agent Based Models

• Type: Article in International Conference Proceedings Book
• Date: 2014

Authors

José Carlos Sousa (Author) FEUP; João Tomé Saraiva (Author) FEUP; Rosaldo Rossetti (Author) FEUP; Zafeiris Kokkinogenis (Author) FEUP

Conference proceedings International

Title: MedPower 2014

Pages: 1-6

9th Mediterranean Conference and Exhibition on Power Generation, Transmission and Distribution

Athens, Greece, 2 a 5 de Novembro de 2014

Indexing

ISI Web of Knowledge

Scopus

Scientific classification

FOS: Engineering and technology > Electrical engineering, Electronic engineering, Information engineering

CORDIS: Technological sciences > Engineering > Electrical engineering

Other information

Abstract (EN): The restructuring of power systems originated the increase of the number of participating entities in the generation and retailing activities. Therefore, it is important to develop models to simulate electricity markets in the presence of a variety of agents. Among them generation agents having a large share of hydro stations are crucial given the revenues they can obtain with the adequate operation of these stations. This paper describes an agent based model of the day-ahead market focusing on hydro generation. This paper details the global structure of the model, the model of the hydro generation stations and how the water value concept can help generation agents to bid in electricity markets.

Language: English

Type (Professor's evaluation): Scientific