... electricity generation scheduling is an essential problem in the power system operation. The electricity market creates a specific environment for generation scheduling. The problem should take into account strategic behavior of electricity producers, locational marginal prices and consumers' demand elasticity. Generation companies aim to maximize their profit. The paper proposes an approach based on a bi-level optimization technique. A statement of a scheduling problem is formulated for the market ...
Теги: algorithm for solving , bi-level optimization , demand elasticities , electricity generation , electricity producers , generation scheduling , locational marginal prices , power system operations , algorithms... (print): 9781467356. DOI: 10.1109/PTC.2013.6652222 The electricity generation scheduling is an essential problem in the power system operation. In a market environment this problem should take into account the strategic behavior of electricity producers, locational marginal prices and consumers' response to prices (demand elasticity). Generation companies aim to maximize their profit. The proposed approach is based on a bilevel optimization model. The model of the problem uses the dynamic programming ...
Теги: bi-level optimization , bi-level optimization models , demand elasticities , dynamic programming techniques , electricity generation , generation scheduling , locational marginal prices , power system operat
