Self-scheduling of a hydro producer in a pool-based electricity market
Abstract
This paper addresses the self-scheduling of a hydro generating company in a pool-based electricity market. This company comprises several cascaded plants along a river basin. The objective is to maximize the profit of the company from selling energy in the day-ahead market. This paper proposes a 0/1 mixed-integer linear programming model to account, in every plant, for the nonlinear and nonconcave three-dimensional (3-D) relationship between the power produced, the water discharged, and the head of the associated reservoir. Additionally, start-up costs due mainly to the wear and tear are considered. Finally, different realistic case studies are analyzed in detail.
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The mathematical formulation of piecewise functions using mixed-integer linear expressions has been typically used in different power system problems.
“The mathematical formulation of piecewise functions using mixed-integer linear expressions has been typically used in different power system problems, [38,39].”
From Integration of Electric Vehicles in Low-Voltage Distribution Networks Considering Voltage Management (2020) · cites this paper as [39]
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Integration of Electric Vehicles in Low-Voltage Distribution Networks Considering Voltage Management
Carrión, M., Zárate-Miñano, R., & Domínguez, R. (2020) · Energies · doi:10.3390/en13164125 · Cited by 18 · see citing works
- Authors
- Conejo, A. J., Arroyo, J. M., Contreras, J., & Villamor, F. A.
- Affiliations
- University of Castilla-La Mancha (ES)
- Venue
- IEEE Transactions on Power Systems
- Published
- 2002-11
- Volume
- 17
- Issue
- 4
- Pages
- 1265-1272
- ISSN
- 0885-8950 (ISSN-L)
- OpenAlex
- W2122916962
- Cited by
- 326
- References
- 0
- Citations by year
- 2026: 11 · 2025: 4 · 2024: 9 · 2023: 9 · 2022: 18 · 2021: 17 · 2020: 15 · 2019: 10 · 2018: 15 · 2017: 27 · 2016: 18 · 2015: 16 · 2014: 21 · 2013: 19 · 2012: 22
- FWCI
- 2.80
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- IEEE Transactions on Power Systems (publishedVersion)
- Topics
- Physical Sciences › Engineering › Electrical and Electronic Engineering › Electric Power System Optimization
- Physical Sciences › Engineering › Ocean Engineering › Water resources management and optimization
- Physical Sciences › Engineering › Electrical and Electronic Engineering › Integrated Energy Systems Optimization
- Keywords
- hydropower scheduling, self-scheduling, pool-based electricity market, day-ahead market, cascade hydropower stations, water discharge, start-up costs, profit maximization, 0-1 mixed integer linear programming
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