Bid-Based Dispatch of Hydrothermal Systems in Competitive Markets

被引：0
|
作者：
Priscila Lino
Luiz Augusto N. Barroso
Mario V.F. Pereira
Rafael Kelman
Márcia H.C. Fampa
机构：
[1] Power System Research,Dpto Ciência da Computação
[2] Mercados de Energia,undefined
[3] Power Systems Research,undefined
[4] Inst. Matemática UFRJ,undefined
来源：
Annals of Operations Research | 2003年 / 120卷
关键词：
bid-based dispatch; hydrothermal scheduling; stochastic optimization; power system economics; Wholesale Water Market;
D O I：
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中图分类号：
学科分类号：
摘要：
The objective of this work is to investigate possible hydro-scheduling inefficiencies under a bidding scheme. It will be shown that the market-based dispatch of hydro-plants, under a perfect competitive market, converges to its least-cost dispatch. Besides, it will be shown that the usual spot payment scheme does not provide the correct incentive for upstream reservoirs to regulate downstream production, thus causing an operating distortion. The implementation of a Wholesale Water Market is proposed for trading stored water and so to correct such distortion. Case studies will be presented, with data taken from the Brazilian System.
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页码：81 / 97
页数：16
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