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(Reference retrieved automatically from Web of Science through information on FAPESP grant and its corresponding number as mentioned in the publication by the authors.)

Network-Constrained Multiperiod Auction for Pool-Based Electricity Markets of Hydrothermal Systems

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Author(s):
Pereira, Augusto Cesar [1] ; de Oliveira, Alberto Quialheiro [1] ; Baptista, Edmea Cassia [2] ; Balbo, Antonio Roberto [2] ; Soler, Edilaine Martins [2] ; Nepomuceno, Leonardo [3]
Total Authors: 6
Affiliation:
[1] Univ Estadual Paulista, Postgrad Program Elect Engn, Engn Fac, Bauru - Brazil
[2] Univ Estadual Paulista, Dept Math, Sci Fac, Bauru - Brazil
[3] Univ Estadual Paulista, Dept Elect Engn, Engn Fac, Bauru - Brazil
Total Affiliations: 3
Document type: Journal article
Source: IEEE Transactions on Power Systems; v. 32, n. 6, p. 4501-4514, NOV 2017.
Web of Science Citations: 2
Abstract

Network-constrained market clearing procedures in pool-based electricity markets of hydropower systems have traditionally neglected the constraints associated with physical and operating aspects of hydroelectric generation (hydraulic constraints). Such constraints are generally taken into account by means of expost procedures, which may lead to suboptimal results regarding social welfare function. This paper proposes a network-constrained auction model for hydrothermal systems that represents the hydraulic constraints in detail. The objectives of the paper are twofold: the analysis of the impact of hydraulic constraints on market clearing prices and on generation/consumption scheduling and the analysis of the influence of strategic offering of hydro plants in the operation of a hydraulic cascade. As some of the hydraulic constraints are nonlinear and intertemporal, linearization techniques are applied, resulting in a mixed-integer linear programming problem. (AU)

FAPESP's process: 13/18036-1 - Multiperiod auction model for Pool-Based electricity markets
Grantee:Leonardo Nepomuceno
Support type: Regular Research Grants
FAPESP's process: 13/18103-0 - Multiperiod Auction Model for Pool-Based Electricity Markets
Grantee:Augusto Cesar Pereira
Support type: Scholarships in Brazil - Scientific Initiation