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Medium-term generation programming in competitive environments: A new optimization approach for market equilibrium computing

J. Barquín, E. Centeno, J. Reneses

IEE Proceedings-Generation Transmission and Distribution Vol. 151, nº. 1, pp. 119 - 126

Resumen:
The paper proposes a model to represent medium-term hydro-thermal operation of electrical power systems in deregulated frameworks. The model objective is to compute the oligopolistic market equilibrium point in which each utility maximises its profit, based on other firms\' behaviour. This problem in not an optimisation one. The main contribution of the paper is to demonstrate that, nevertheless, under some reasonable assumptions, it can be formulated as an equivalent minimisation problem. A computer program has been coded by using the proposed approach. It is used to compute the market equilibrium of a real-size system.


Índice de impacto JCR y cuartil WoS: 0,299 (2004); 0,868 (2008)

Referencia DOI: DOI icon https://doi.org/10.1049/ip-gtd:20040055

Publicado en papel: Enero 2004.



Cita:
J. Barquín, E. Centeno, J. Reneses, Medium-term generation programming in competitive environments: A new optimization approach for market equilibrium computing. IEE Proceedings-Generation Transmission and Distribution. Vol. 151, nº. 1, pp. 119 - 126, Enero 2004.


    Líneas de investigación:
  • *Planificación Táctica a Medio Plazo

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