Optimal energy exchange of an industrial cogeneration in a day-ahead electricity market
This paper addresses an optimal strategy for the daily energy exchange of a 22-MW combined-cycle cogeneration plant of an industrial factory operating in a liberalized electricity market. The optimization problem is formulated as a Mixed-Integer Linear Programming Problem (MILP) that maximizes the p...
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| Vydáno v: | Electric power systems research Ročník 78; číslo 10; s. 1764 - 1772 |
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| Hlavní autoři: | , , |
| Médium: | Journal Article |
| Jazyk: | angličtina |
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Amsterdam
Elsevier B.V
01.10.2008
Elsevier |
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| ISSN: | 0378-7796, 1873-2046 |
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| Abstract | This paper addresses an optimal strategy for the daily energy exchange of a 22-MW combined-cycle cogeneration plant of an industrial factory operating in a liberalized electricity market. The optimization problem is formulated as a Mixed-Integer Linear Programming Problem (MILP) that maximizes the profit from energy exchange of the cogeneration, and is subject to the technical constraints and the industrial demand profile. The integer variables are associated with export or import of electricity whereas the real variables relate to the power output of gas and steam turbines, and to the electricity purchased from or sold to the market. The proposal is applied to a real cogeneration plant in Spain where the detailed cost function of the process is obtained. The problem is solved using a large-scale commercial package and the results are discussed and compared with different predefined scheduling strategies. |
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| AbstractList | This paper addresses an optimal strategy for the daily energy exchange of a 22-MW combined-cycle cogeneration plant of an industrial factory operating in a liberalized electricity market. The optimization problem is formulated as a Mixed-Integer Linear Programming Problem (MILP) that maximizes the profit from energy exchange of the cogeneration, and is subject to the technical constraints and the industrial demand profile. The integer variables are associated with export or import of electricity whereas the real variables relate to the power output of gas and steam turbines, and to the electricity purchased from or sold to the market. The proposal is applied to a real cogeneration plant in Spain where the detailed cost function of the process is obtained. The problem is solved using a large-scale commercial package and the results are discussed and compared with different predefined scheduling strategies. |
| Author | Khodr, H.M. Yusta, J.M. De Oliveira-De Jesus, P.M. |
| Author_xml | – sequence: 1 givenname: J.M. surname: Yusta fullname: Yusta, J.M. email: jmyusta@unizar.es organization: Department of Electrical Engineering, University of Zaragoza, Spain – sequence: 2 givenname: P.M. surname: De Oliveira-De Jesus fullname: De Oliveira-De Jesus, P.M. organization: Department of Electrical and Computer Engineering of Faculdade de Engenharia da Universidade do Porto, Portugal – sequence: 3 givenname: H.M. surname: Khodr fullname: Khodr, H.M. organization: Knowledge Engineering and Decision-Support Research Group of the Electrical Engineering Institute of Porto, Portugal |
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| Cites_doi | 10.1109/TPWRS.2003.811197 10.1109/59.496197 10.1016/S0196-8904(96)00203-8 10.1109/59.32585 10.1016/S0098-1354(97)00032-X 10.1016/j.ijepes.2004.07.008 10.1109/TPAS.1983.317845 10.1109/59.466530 10.1016/S0142-0615(99)00067-8 10.1080/07313569808955828 10.1109/TPWRS.2003.811169 10.1109/TPWRS.2005.851916 10.1109/TPWRS.1987.4335122 10.1109/59.336125 10.1109/59.982204 10.1109/59.207366 10.1016/S0142-0615(98)00009-X 10.1016/j.epsr.2003.08.006 |
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| Issue | 10 |
| Keywords | Scheduling Cogeneration Liberalized energy markets Power generation Optimization Steam turbine Deregulation Power system economics Optimization method Mixed integer programming Combined cycle power plant Energy conversion Cost function Power markets Planning Electric power production Gas turbine Energy transfer Comparative study |
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| SubjectTerms | Applied sciences Cogeneration Combined power plants and total energy systems Electric power plants Electrical engineering. Electrical power engineering Electrical power engineering Exact sciences and technology Liberalized energy markets Miscellaneous Non classical power plants Operation. Load control. Reliability Optimization Power generation Power networks and lines Scheduling |
| Title | Optimal energy exchange of an industrial cogeneration in a day-ahead electricity market |
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