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Commenced in January 2007 Frequency: Monthly Edition: International Publications Count: 29522


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9997828
Dynamic Self-Scheduling of Pumped-Storage Power Plant in Energy and Ancillary Service Markets Using Sliding Window Technique
Abstract:
In the competitive electricity market environment, the profit of the pumped-storage plant in the energy market can be maximized by operating it as a generator, when market clearing price is high and as a pump, to pump water from lower reservoir to upper reservoir, when the price is low. An optimal self-scheduling plan has been developed for a pumped-storage plant, carried out on weekly basis in order to maximize the profit of the plant, keeping into account of all the major uncertainties such as the sudden ancillary service delivery request and the price forecasting errors. For a pumped storage power plant to operate in a real time market successive self scheduling has to be done by considering the forecast of the day-ahead market and the modified reservoir storage due to the ancillary service request of the previous day. Sliding Window Technique has been used for successive self scheduling to ensure profit for the plant.
Digital Object Identifier (DOI):

References:

[1] S.Jalal Kazempour,M.Parsa Moghaddam ,M.R Haghifam,G.R Yousefi, " Risk-Constrained Dynamic self-scheduling of a pumped-storage plant in the energy and ancillary service markets”, Energy Conversion and Management, Elsevier, vol. 50, 2009, pp.1368-1375.
[2] Antonio J Conejo,Francisco Javier Nogales, Jose Manuel Arroyo, "Price-Taker Bidding Strategy Under Price Uncertainity” IEEE Trans on Power Systems, vol. 17, no. 4, Nov 2002, pp 1081-1088.
[3] Antonio J Conejo, Francisco Javir Nogales , Raquel Garcia-Bertrand, "Risk-Constrained Self-Scheduling of a Thermal Power Producer” IEEE Transc on Power Systems,vol 19,no 3,August 2004, pp 1569-1574
[4] Fushuan Wen,A.K David, "Optimal Bidding Strategies for competitive generators and large consumers” Energy Conversion and Management, Elsevier, vol. 23, 2001, pp. 37-43
[5] P.Kanakasabapathy, K Shanti Swarup, "Evolutionary Tristate PSO for Startegic bidding of Pumped-Storage Hydroelectric Plant” IEEE transc on Power Systems, vol 40, no. 4 July 2010 pp 460-471.
[6] Ning Lu, Joe H Chow, Alan A. Desrochers, "Pumped-Storage Hydro-Turbine Bidding Strategies in a Competitive Electricity Market”, IEEE Transc on Power Systems, vol 19,no 2 ,May 2004,pp 834-841.
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