An efficient, robust optimization model for the unit commitment considering renewable uncertainty and pumped-storage hydropower. (May 2022)
- Record Type:
- Journal Article
- Title:
- An efficient, robust optimization model for the unit commitment considering renewable uncertainty and pumped-storage hydropower. (May 2022)
- Main Title:
- An efficient, robust optimization model for the unit commitment considering renewable uncertainty and pumped-storage hydropower
- Authors:
- Nasab, Morteza Azimi
Zand, Mohammad
Padmanaban, Sanjeevikumar
Bhaskar, Mahajan Sagar
Guerrero, Josep M. - Abstract:
- Highlights: An efficient, robust optimization model. A powerful algorithm has been offered as a novel solution for solving UC considering renewable uncertainty Problems. MNHPSO optimizer was successfully implemented. SARIMA has been offered to predict the market price of the next day. Abstract: This paper presents a new model for allocating pumped-storage hydropower units in the unit commitment program's next day's market. Because the market prices of the next day are highly volatile and have high uncertainty, the time series Autoregressive integral Moving Average (ARIMA) and Stationary Autoregressive integral Moving Average (SARIMA) have been used to predict the market price of the next day. A triple scenario tree is also used to cover electricity market uncertainties. The problem of allocating pumped-storage hydropower plants is planned as a mixed-integer linear programming (MILP) to maximize the power plant profit on a certain operating horizon. Because the variable nature of wind farms is also difficult to accurately estimate the output power of these power plants, the proposed method can be proposed on MNHPSO to consider wind power plant uncertainties with the presence of pumped-storage hydropower plant storage in the unit commitment program. The proposed strategy is simulated in MATLAB software. The simulation results show that in this paper while considering an accurate model for various uncertainties, in the unit commitment planning, it shows that SARIMA can predictHighlights: An efficient, robust optimization model. A powerful algorithm has been offered as a novel solution for solving UC considering renewable uncertainty Problems. MNHPSO optimizer was successfully implemented. SARIMA has been offered to predict the market price of the next day. Abstract: This paper presents a new model for allocating pumped-storage hydropower units in the unit commitment program's next day's market. Because the market prices of the next day are highly volatile and have high uncertainty, the time series Autoregressive integral Moving Average (ARIMA) and Stationary Autoregressive integral Moving Average (SARIMA) have been used to predict the market price of the next day. A triple scenario tree is also used to cover electricity market uncertainties. The problem of allocating pumped-storage hydropower plants is planned as a mixed-integer linear programming (MILP) to maximize the power plant profit on a certain operating horizon. Because the variable nature of wind farms is also difficult to accurately estimate the output power of these power plants, the proposed method can be proposed on MNHPSO to consider wind power plant uncertainties with the presence of pumped-storage hydropower plant storage in the unit commitment program. The proposed strategy is simulated in MATLAB software. The simulation results show that in this paper while considering an accurate model for various uncertainties, in the unit commitment planning, it shows that SARIMA can predict the daily prices of the next day market with acceptable accuracy. … (more)
- Is Part Of:
- Computers & electrical engineering. Volume 100(2022)
- Journal:
- Computers & electrical engineering
- Issue:
- Volume 100(2022)
- Issue Display:
- Volume 100, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 100
- Issue:
- 2022
- Issue Sort Value:
- 2022-0100-2022-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-05
- Subjects:
- Unit commitment -- MNHPSO optimization -- Planning -- Wind power plant -- Objective function -- Mixed-integer linear programming (MILP) -- Stationary autoregressive integral moving average (SARIMA) -- Autoregressive integral moving average (ARIMA)
Computer engineering -- Periodicals
Electrical engineering -- Periodicals
Electrical engineering -- Data processing -- Periodicals
Ordinateurs -- Conception et construction -- Périodiques
Électrotechnique -- Périodiques
Électrotechnique -- Informatique -- Périodiques
Computer engineering
Electrical engineering
Electrical engineering -- Data processing
Periodicals
Electronic journals
621.302854 - Journal URLs:
- http://www.sciencedirect.com/science/journal/00457906/ ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.compeleceng.2022.107846 ↗
- Languages:
- English
- ISSNs:
- 0045-7906
- Deposit Type:
- Legaldeposit
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- Available online (eLD content is only available in our Reading Rooms) ↗
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- British Library DSC - 3394.680000
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- 21754.xml