Linear programming applied for the optimization of hydro and wind energy resources

• Type: Chapter or Part of a Book
• Date: 2012

Authors

Pousinho, HMI (Author) Other; Mendes, VMF (Author) Other; Catalao, JPS (Author) Other

Book

Title: Linear Programming: New Frontiers in Theory and Applications

Pages: 351-372

ISBN: 9781612095790

Indexing

Scopus - 0 Citations

Other information

Authenticus ID: P-009-3CY

Abstract (EN): In this book chapter, two important applications of linear programming are presented from the electric power industry, namely short-term hydro scheduling and the development of offering strategies for wind power producers. The linear programming approach is proposed to solve the problems related with generation companies whose main goal is to maximize profits. On the one hand, the main concern of hydroelectric companies is to find the optimal scheduling of hydroelectric power plants, for a short-term period in which the electricity prices are forecasted. The actual size of hydro systems, the continuous reservoir dynamics and constraints, still pose a real challenge to the modelers. On the other hand, wind power producers are entities owning generation resources and participating in the electricity market. The challenges for wind power producers are related to two kinds of uncertainties: wind power and electricity prices. It can be concluded that linear programming represents a robust approach for these two problems.

Language: English

Type (Professor's evaluation): Scientific