A Case Study on Medium-Term Hydropower Scheduling with Sales of Capacity. (January 2016)
- Record Type:
- Journal Article
- Title:
- A Case Study on Medium-Term Hydropower Scheduling with Sales of Capacity. (January 2016)
- Main Title:
- A Case Study on Medium-Term Hydropower Scheduling with Sales of Capacity
- Authors:
- Hjelmeland, Martin N.
Helseth, Arild
Korpås, Magnus - Abstract:
- Abstract: This paper conducts a case study on hydropower scheduling considering sales of capacity reserves and impacts of detailed mod-elling. In latter years a growing demand for reserve capacity has been needed to ensure stable operation in the power grid which has given the power producers incentives to commence methods for co-optimization of energy and capacity. In this paper we will assess the value of providing primary reserves and how decisive accurate modelling is for sale of capacity. The results are based on a model consisting of a Strategy and a Simulator part. The Strategy Model is based on a combined Stochastic Dynamic Pro-gramming (SDP)/Stochastic Dual Dynamic Programming (SDDP) model where variables and functional relationships are linear. Subsequently the obtained profit-to-go function is used in the Simulator Model; a Mixed Integer Program (MIP) based simulator allowing a more detailed system description. The case study represents a Norwegian water course comprising of two minor and a large regulating reservoir. The Simulator Model manages to incorporate a binary unit commitment and to represent the non-convex relationship between power and discharge, giving more viable results and identifying dependencies between the reservoirs. As a result it was found that the expected profit from sales of capacity was reduced by 40% when comparing results from the Simulator with the Strategy Model. Correspondingly, sales of capacity gave a clear shift of power outputsAbstract: This paper conducts a case study on hydropower scheduling considering sales of capacity reserves and impacts of detailed mod-elling. In latter years a growing demand for reserve capacity has been needed to ensure stable operation in the power grid which has given the power producers incentives to commence methods for co-optimization of energy and capacity. In this paper we will assess the value of providing primary reserves and how decisive accurate modelling is for sale of capacity. The results are based on a model consisting of a Strategy and a Simulator part. The Strategy Model is based on a combined Stochastic Dynamic Pro-gramming (SDP)/Stochastic Dual Dynamic Programming (SDDP) model where variables and functional relationships are linear. Subsequently the obtained profit-to-go function is used in the Simulator Model; a Mixed Integer Program (MIP) based simulator allowing a more detailed system description. The case study represents a Norwegian water course comprising of two minor and a large regulating reservoir. The Simulator Model manages to incorporate a binary unit commitment and to represent the non-convex relationship between power and discharge, giving more viable results and identifying dependencies between the reservoirs. As a result it was found that the expected profit from sales of capacity was reduced by 40% when comparing results from the Simulator with the Strategy Model. Correspondingly, sales of capacity gave a clear shift of power outputs between the models as unrealistic results were eliminated in the Simulator Model. … (more)
- Is Part Of:
- Energy procedia. Volume 87(2016)
- Journal:
- Energy procedia
- Issue:
- Volume 87(2016)
- Issue Display:
- Volume 87, Issue 2016 (2016)
- Year:
- 2016
- Volume:
- 87
- Issue:
- 2016
- Issue Sort Value:
- 2016-0087-2016-0000
- Page Start:
- 124
- Page End:
- 131
- Publication Date:
- 2016-01
- Subjects:
- Hydropower scheduling -- capacity reserves -- Primary Frequency Reserve (PFR) market -- Stochastic Dual Dynamic Programming (SDDP) -- simulator
Power resources -- Congresses
Power resources -- Periodicals
Power resources
Conference proceedings
Periodicals
333.7905 - Journal URLs:
- http://www.sciencedirect.com/science/journal/18766102 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.egypro.2015.12.341 ↗
- Languages:
- English
- ISSNs:
- 1876-6102
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3747.729700
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British Library HMNTS - ELD Digital store - Ingest File:
- 1203.xml