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Profit-based head-dependent short-term hydro scheduling considering risk constraints

Title
Profit-based head-dependent short-term hydro scheduling considering risk constraints
Type
Article in International Conference Proceedings Book
Year
2011
Authors
Pousinho, HMI
(Author)
Other
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Mendes, VMF
(Author)
Other
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Conference proceedings International
2011 IEEE PES Trondheim PowerTech: The Power of Technology for a Sustainable Society, POWERTECH 2011
Trondheim, 19 June 2011 through 23 June 2011
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Other information
Authenticus ID: P-008-0H1
Abstract (EN): This paper is on the short-term hydro scheduling (STHS) problem, particularly concerning a head-dependent cascaded hydro system. A mixed-integer quadratic programming approach is proposed for the STHS problem, considering not only head-dependency, but also discontinuous operating regions and discharge ramping constraints. Moreover, market uncertainty is introduced in the model via price scenarios, and risk-aversion is considered by limiting the volatility of the expected profit. Numerical results, based on one of the main Portuguese cascaded hydro systems, illustrate the proficiency of the proposed approach. Finally, conclusions are duly drawn. © 2011 IEEE.
Language: English
Type (Professor's evaluation): Scientific
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