Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion

Detalhes bibliográficos
Autor(a) principal: Pousinho, Hugo Miguel Inácio
Data de Publicação: 2012
Outros Autores: Mendes, Victor, Catalão, João Paulo da Silva
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.21/5177
Resumo: In this paper, a mixed-integer quadratic programming approach is proposed for the short-term hydro scheduling problem, considering head-dependency, discontinuous operating regions and discharge ramping constraints. As new contributions to earlier studies, market uncertainty is introduced in the model via price scenarios, and risk aversion is also incorporated by limiting the volatility of the expected profit through the conditional value-at-risk. Our approach has been applied successfully to solve a case Study based on one of the main Portuguese cascaded hydro systems, requiring a negligible computational time.
id RCAP_c2923e453573767a754e887458f80dcf
oai_identifier_str oai:repositorio.ipl.pt:10400.21/5177
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversionHydro SchedulingMixed-Integer Quadratic ProgrammingHead-DependencyPrice ScenariosRisk-AversionElectricity MarketDifferential EvolutionNeural-NetworkTermAlgorithmSystemsModelFlowIn this paper, a mixed-integer quadratic programming approach is proposed for the short-term hydro scheduling problem, considering head-dependency, discontinuous operating regions and discharge ramping constraints. As new contributions to earlier studies, market uncertainty is introduced in the model via price scenarios, and risk aversion is also incorporated by limiting the volatility of the expected profit through the conditional value-at-risk. Our approach has been applied successfully to solve a case Study based on one of the main Portuguese cascaded hydro systems, requiring a negligible computational time.Pergamon-Elsevier ScienceRCIPLPousinho, Hugo Miguel InácioMendes, VictorCatalão, João Paulo da Silva2015-09-11T09:11:54Z2012-042012-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfapplication/pdfhttp://hdl.handle.net/10400.21/5177engPOUSINHO, H. M. I.; MENDES, V. M. F.; CATALÃO, J. P. S. – Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion. Energy Conversion and Management. ISSN: 0196-8904. Vol. 56 (2012), pp. 96-1030196-890410.1016/j.enconman.2011.11.020metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T09:48:12Zoai:repositorio.ipl.pt:10400.21/5177Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:14:29.599363Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
title Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
spellingShingle Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
Pousinho, Hugo Miguel Inácio
Hydro Scheduling
Mixed-Integer Quadratic Programming
Head-Dependency
Price Scenarios
Risk-Aversion
Electricity Market
Differential Evolution
Neural-Network
Term
Algorithm
Systems
Model
Flow
title_short Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
title_full Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
title_fullStr Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
title_full_unstemmed Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
title_sort Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion
author Pousinho, Hugo Miguel Inácio
author_facet Pousinho, Hugo Miguel Inácio
Mendes, Victor
Catalão, João Paulo da Silva
author_role author
author2 Mendes, Victor
Catalão, João Paulo da Silva
author2_role author
author
dc.contributor.none.fl_str_mv RCIPL
dc.contributor.author.fl_str_mv Pousinho, Hugo Miguel Inácio
Mendes, Victor
Catalão, João Paulo da Silva
dc.subject.por.fl_str_mv Hydro Scheduling
Mixed-Integer Quadratic Programming
Head-Dependency
Price Scenarios
Risk-Aversion
Electricity Market
Differential Evolution
Neural-Network
Term
Algorithm
Systems
Model
Flow
topic Hydro Scheduling
Mixed-Integer Quadratic Programming
Head-Dependency
Price Scenarios
Risk-Aversion
Electricity Market
Differential Evolution
Neural-Network
Term
Algorithm
Systems
Model
Flow
description In this paper, a mixed-integer quadratic programming approach is proposed for the short-term hydro scheduling problem, considering head-dependency, discontinuous operating regions and discharge ramping constraints. As new contributions to earlier studies, market uncertainty is introduced in the model via price scenarios, and risk aversion is also incorporated by limiting the volatility of the expected profit through the conditional value-at-risk. Our approach has been applied successfully to solve a case Study based on one of the main Portuguese cascaded hydro systems, requiring a negligible computational time.
publishDate 2012
dc.date.none.fl_str_mv 2012-04
2012-04-01T00:00:00Z
2015-09-11T09:11:54Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.21/5177
url http://hdl.handle.net/10400.21/5177
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv POUSINHO, H. M. I.; MENDES, V. M. F.; CATALÃO, J. P. S. – Scheduling of a hydro producer considering head-dependency, price scenarios and risk-aversion. Energy Conversion and Management. ISSN: 0196-8904. Vol. 56 (2012), pp. 96-103
0196-8904
10.1016/j.enconman.2011.11.020
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Pergamon-Elsevier Science
publisher.none.fl_str_mv Pergamon-Elsevier Science
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799133402492829696

Registros relacionados