Optimal generation scheduling strategy for profit maximization of genco in deregulated power system
نویسندگان
چکیده
منابع مشابه
Optimal generation scheduling strategy for profit maximization of genco in deregulated power system
A GA based optimal generation scheduling strategy is developed to solve the profit maximization problem for GENCO in the day ahead market. It is a multi objective formulation that includes the forecasted demand, forecasted market clearing price, startup cost and profit functions, besides the generating limits and demand constraints. The proposed GA approach is investigated on three unit and ten...
متن کاملA Novel LR-QPSO Algorithm for Profit Maximization of GENCOs in Deregulated Power System
The electric power industry need changes in various power system operation, control and planning activities. Generation companies (GENCOs) schedule their generators with an objective to maximize their own profit rather than compromising on social benefit. Power and reserve prices become important factors in decision process. GENCOs decision to commit generating units is associated with financia...
متن کاملOptimal Short-Term Generation Scheduling with Multi-Agent System under a Deregulated Power Market
With the opening of the power industry to competition, the power system structure is changing. According to these changes, power system operation, planning, and control need modifications. Under this deregulated power market, generation companies (GENCOs) can schedule their generators to maximize their own profit without accurately satisfying system demand/reserve, which is a traditional short-...
متن کاملScheduling of Electric Vehicle Charging Station for profit maximization of Vehicles and Station in Uncertainty
Abstract: In this paper, the electric vehicle (EV) charging station scheduling process is designed to maximize the profit of EVs owners and the station operator in two steps. First, a complete model is proposed to formulate the problem of charging and discharging EVs at charging stations in one-day-ahead 24-hours. The purpose of the program is to increase the profits of EVs owners charging stat...
متن کاملUsing and comparing metaheuristic algorithms for optimizing bidding strategy viewpoint of profit maximization of generators
With the formation of the competitive electricity markets in the world, optimization of bidding strategies has become one of the main discussions in studies related to market designing. Market design is challenged by multiple objectives that need to be satisfied. The solution of those multi-objective problems is searched often over the combined strategy space, and thus requires the simultaneous...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: IOSR Journal of Electrical and Electronics Engineering
سال: 2012
ISSN: 2278-1676
DOI: 10.9790/1676-0231320