Details
| Original language | English |
|---|---|
| Title of host publication | SIMULTECH 2017 - Proceedings of the 7th International Conference on Simulation and Modeling Methodologies, Technologies and Applications |
| Editors | Floriano De Rango, Tuncer Oren, Mohammad S. Obaidat |
| Pages | 314-322 |
| Number of pages | 9 |
| ISBN (electronic) | 9789897582653 |
| Publication status | Published - 2017 |
Abstract
A mixed integer linear programming (MILP) approach for the joint simulation of electric control reserve and electricity wholesale markets is described. This generation dispatch model extends an existing integrated grid and electricity market model covering the Continental European electric power system. By explicitly modelling the markets for primary and secondary control reserve, the model can reproduce the decisions of generating unit operators on which markets to get involved. Besides, the introduction of integrality conditions allows considering start-up costs and the calculus of generating units to pass through economically unattractive periods with low or even negative prices in order to avoid another start-up. Finally, the MILP approach allows to consider the fact that primary and secondary control reserves provision usually requires operation of the respective generating unit and to fully include storages into the optimization problem. In this paper, the generation dispatch model is described in detail, key assumptions are presented and the implementation status is explained.
Keywords
- Electric Control Reserve Market, Electric Power Market, MILP, Power Plant Dispatch
ASJC Scopus subject areas
- Computer Science(all)
- Computer Science Applications
- Mathematics(all)
- Modelling and Simulation
- Computer Science(all)
- Computational Theory and Mathematics
- Computer Science(all)
- Information Systems
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SIMULTECH 2017 - Proceedings of the 7th International Conference on Simulation and Modeling Methodologies, Technologies and Applications. ed. / Floriano De Rango; Tuncer Oren; Mohammad S. Obaidat. 2017. p. 314-322.
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
}
TY - GEN
T1 - A MILP Approach for the Joint Simulation of Electric Control Reserve and Wholesale Markets.
AU - Breithaupt, Timo
AU - Leveringhaus, Thomas
AU - Rendel, Torsten
AU - Hofmann, Lutz
N1 - Publisher Copyright: © Copyright 2017 by SCITEPRESS - Science and Technology Publications, Lda. All rights reserved. Copyright: Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2017
Y1 - 2017
N2 - A mixed integer linear programming (MILP) approach for the joint simulation of electric control reserve and electricity wholesale markets is described. This generation dispatch model extends an existing integrated grid and electricity market model covering the Continental European electric power system. By explicitly modelling the markets for primary and secondary control reserve, the model can reproduce the decisions of generating unit operators on which markets to get involved. Besides, the introduction of integrality conditions allows considering start-up costs and the calculus of generating units to pass through economically unattractive periods with low or even negative prices in order to avoid another start-up. Finally, the MILP approach allows to consider the fact that primary and secondary control reserves provision usually requires operation of the respective generating unit and to fully include storages into the optimization problem. In this paper, the generation dispatch model is described in detail, key assumptions are presented and the implementation status is explained.
AB - A mixed integer linear programming (MILP) approach for the joint simulation of electric control reserve and electricity wholesale markets is described. This generation dispatch model extends an existing integrated grid and electricity market model covering the Continental European electric power system. By explicitly modelling the markets for primary and secondary control reserve, the model can reproduce the decisions of generating unit operators on which markets to get involved. Besides, the introduction of integrality conditions allows considering start-up costs and the calculus of generating units to pass through economically unattractive periods with low or even negative prices in order to avoid another start-up. Finally, the MILP approach allows to consider the fact that primary and secondary control reserves provision usually requires operation of the respective generating unit and to fully include storages into the optimization problem. In this paper, the generation dispatch model is described in detail, key assumptions are presented and the implementation status is explained.
KW - Electric Control Reserve Market
KW - Electric Power Market
KW - MILP
KW - Power Plant Dispatch
UR - http://www.scopus.com/inward/record.url?scp=85029368992&partnerID=8YFLogxK
U2 - 10.5220/0006441203140322
DO - 10.5220/0006441203140322
M3 - Conference contribution
SP - 314
EP - 322
BT - SIMULTECH 2017 - Proceedings of the 7th International Conference on Simulation and Modeling Methodologies, Technologies and Applications
A2 - De Rango, Floriano
A2 - Oren, Tuncer
A2 - Obaidat, Mohammad S.
ER -