Unit commitment with transmission constraints in deregulated power market

G, Rabbuni and G, Guru Kumar (2015) Unit commitment with transmission constraints in deregulated power market. In: International Conference on Electrical, Electronics, Signals, Communication and Optimization (EESCO), 24-25 Jan. 2015, Visakhapatnam.

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As the power industry across the world is undergoing a radical change by separation of transmission from generation activities, scope of competition by bidding or through provision of bilateral transactions in spot markets exists between different market players of generation and transmission. So there is a need for the unit commitment in power industry with generation biddings, load biddings and bilateral transaction biddings. In general unit commitment can be formulated as nonlinear, large scale, mixed integer combinatorial optimization problem. For quick response, piece-wise linearization of cost function, slack terms with high penalty factor are incorporated in unit commitment along with all generator, system, operator and line constraints. Then unit commitment with three-part generator bidding, load bidding and bilateral transaction with both elastic and inelastic parts is performed which is suitable for the recent deregulated power industry and tested on a test case of ten generators with three bus network.

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IITH Creators:
IITH CreatorsORCiD
Item Type: Conference or Workshop Item (Paper)
Additional Information: The authors would like to thank Dr.Vaskar Sarkar, Assistant professor, Department of Electrical engineering, IIT Hyderabad for his esteemed guidance and Institute of Metro and Rail Technology, Secunderabad for providing opportunity to publish this work.
Uncontrolled Keywords: Deregulated power market, optimal power flow, three-part bidding, unit commitment
Subjects: Others > Electricity
Others > Engineering technology
Divisions: Department of Electrical Engineering
Depositing User: Team Library
Date Deposited: 25 Feb 2016 10:54
Last Modified: 25 Feb 2016 10:54
URI: http://raiith.iith.ac.in/id/eprint/2219
Publisher URL: http://dx.doi.org/10.1109/EESCO.2015.7253917
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