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A practical approach for profit-based unit commitment with emission limitations

Title
A practical approach for profit-based unit commitment with emission limitations
Type
Article in International Scientific Journal
Year
2010
Authors
Mariano, SJPS
(Author)
Other
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Mendes, VMF
(Author)
Other
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Ferreira, LAFM
(Author)
Other
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Journal
Vol. 32
Pages: 218-224
ISSN: 0142-0615
Publisher: Elsevier
Other information
Authenticus ID: P-003-8PH
Abstract (EN): This paper proposes a practical approach for profit-based unit commitment (PBUC) with emission limitations. Under deregulation, unit commitment has evolved from a minimum-cost optimisation problem to a profit-based optimisation problem. However, as a consequence of growing environmental concern, the impact of fossil-fuelled power plants must be considered, giving rise to emission limitations. The simultaneous address of the profit with the emission is taken into account in our practical approach by a multiobjective optimisation (MO) problem. Hence, trade-off Curves between profit and emission are obtained for different energy price profiles, in a way to aid decision-makers concerning emission allowance trading. Moreover, a new parameter is presented, ratio of change, and the corresponding gradient angle, enabling the proper selection of a compromise commitment for the units. A case study based on the standard IEEE 30-bus system is presented to illustrate the proficiency Of Our practical approach for the new competitive and environmentally constrained electricity supply industry.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 7
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