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Stochastic optimization of transmission constrained and large scale hydrothermal systems in a competitive framework

S. Granville, G.C. Oliveira, L.. M. Thomé, N. Campodonico, M.L. Latorre, M. V. Pereira, L.A. Barroso

IEEE Power & Energy Society General Meeting - IEEE PES GM 2003, Toronto (Canada). 13-17 July 2003


Summary:

Optimal operation of hydrothermal systems is very complex because it corresponds to a multiperiod, stochastic, large scale and characterized by a nonseparable objective function optimization problem. As a result it is traditionally carried out without taking into account transmission constraints or considering them in a very simplified way. This approach is not adequate to address certain kind of problems such as cost-benefit studies of transmission interconnections in hydro systems or the study of spatial distributions of spot prices ("zones" identification) through the electric network, due to hydro and power flow constraints. In this paper we address the problem of stochastic optimization of large scale transmission constrained hydrothermal systems with applications to the Brazilian case.


Keywords: Hydroelectric power generation, Power Transmission Economics, Power Generation Dispatch, Optimization Methods


DOI: DOI icon https://doi.org/10.1109/PES.2003.1270469

Published in IEEE PES GM 2003, pp: 1-6, ISBN: 0-7803-7989-6

Publication date: 2003-07-13.



Citation:
S. Granville, G.C. Oliveira, L.. M. Thomé, N. Campodonico, M.L. Latorre, M. V. Pereira, L.A. Barroso, Stochastic optimization of transmission constrained and large scale hydrothermal systems in a competitive framework, IEEE Power & Energy Society General Meeting - IEEE PES GM 2003, Toronto (Canada). 13-17 July 2003. In: IEEE PES GM 2003: Conference proceedings, ISBN: 0-7803-7989-6

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