Medium term power planning with bilateral contracts

被引:52
|
作者
Shrestha, GB [1 ]
Pokharel, BK
Lie, TT
Fleten, SE
机构
[1] Nanyang Technol Univ, Sch Elect & Elect Engn, Power Market Res Grp, Singapore 2263, Singapore
[2] Norwegian Univ Sci & Technol, N-7034 Trondheim, Norway
关键词
electricity contracts; hydro scheduling; risk analysis; stochastic processes;
D O I
10.1109/TPWRS.2005.846239
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
This paper addresses the optimal management of hydropower resources on medium term. The objective is to maximize the expected revenue of a producer, and the decision variables are generation and forward contracts in each period for each scenario. Stochastic linear and nonlinear programming has been used as a framework for modeling and solution. Results are exposited for a Norwegian power producer participating in Nord Pool, the Nordic power exchange.
引用
收藏
页码:627 / 633
页数:7
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