H. Rajabi Mashhadi, H. Safari Farmad,
Volume 11, Issue 1 (3-2015)
Abstract
The main goal of this paper is to present a new day-ahead energy acquisition model for a distribution company (Disco) in a competitive electricity market environment with Interruptible Load (IL). The work formulates the Disco energy acquisition model as a bi-level optimization problem with some of real issues, and then studies and designs a Genetic Algorithm (GA) of this optimization problem too. To achieve this goal, a novel two-step procedure is proposed. At the first step, a realistic model for an industrial interruptible load is introduced, and it is shown that Interruptible load model may affect the problem modeling and solving. At the second step, Disco energy acquisition program is formulated and solved with this realistic model. As a result, this paper shows energy acquisition programming model with ILs, by considering real assumptions. The introduced method shows a good performance of problem modeling and solving algorithm both in terms of solution quality and computational results. In addition, a case study is carried out considering a test system with some assumptions. Subsequently results show the general applicability of the proposed model with potential cost saving for the Disco
T. Barforoushi, R. Heydari,
Volume 18, Issue 2 (6-2022)
Abstract
Curtailment of the production of wind resources due to uncertainty can affect the expansion of the transmission networks. The issue that needs to be addressed is how to expand the transmission network, which is accompanied by increasing wind energy utilization. In this paper, a new framework is proposed to solve the transmission expansion planning (TEP) problem in the presence of wind farms, considering wind curtailment cost. The proposed model is a risk-constrained stochastic bi-level problem that, the difference between the expected social welfare and investment cost is maximized at the upper level where optimal decisions on expansion plans are adopted by the independent system operator (ISO). To make the best use of wind generation resources, a new term called wind power curtailment cost is added to the upper level. Also, the risk index is included in expansion decisions. The market-clearing is considered at the lower level, aiming at maximizing social welfare. Uncertainties relating to wind power and the forecasted demand are modeled by sets of scenarios. Using duality theory, the proposed framework is modeled as mixed-integer linear programming (MILP) problem. The model is examined using the classical Garver’s six-bus test system and the IEEE 24-bus reliability test system (RTS). The results show that by considering the wind curtailment cost, the transmission network is expanded in a way that increases the wind energy utilization factor from 92.05% to 95.17%.
