Maximizing Income of a Cascade Hydropower with Optimization Modeling

Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
This paper focuses on the short-term cascade hydro scheduling problem, especially in a competitive environment, namely in market conditions. A nonlinear stochastic optimization method is proposed to take into consideration the hydroelectric energy production as a function of hourly electricity market prices and water release rates. In order to solve a case study based on one of the Turkish cascaded hydropower facilities, the proposed method has been successfully applied to a wide variety of problems at a negligible computation time while providing a higher profit. The paper shows the benefits that could be achieved by applying a model based on the Quasi-Newton Method, which finds zeroes or local maxima and minima of solving a certain type of optimization functions because it can better handle the uncertainty, constraints, and complexity of the problem. Ten-year hourly water inflow data and electricity market prices were used as inputs, and the results of the cascade and single optimization were compared. A comparison study with the operation of each hydropower plant (HPP) separately showed that 18 % higher income was obtained with a cascade variant.
Language:
English
Published:
Journal of Renewable Energy and Environment, Volume:7 Issue: 1, Winter 2020
Pages:
12 to 17
magiran.com/p2111822  
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یک‌ساله به مبلغ 1,390,000ريال می‌توانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
  • حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران می‌شود.
  • پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانه‌های چاپی و دیجیتال را به کاربر نمی‌دهد.
In order to view content subscription is required

Personal subscription
Subscribe magiran.com for 70 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!