4 results for “unit commitment”

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Research ArticleOpen accessPhrase in the titleIntegrating PowerWorld and MatLab for Optimal Dispatch and Unit Commitment Study of Competitive Electric Power MarketsDong Zhang, Shuhui LiThe transition to competitive wholesale and retail markets for electric utilities around the world has been a difficult and controversial process. One of the difficulties that hindered the development and growth of the competitive wholesale power market is the absence of efficient computational tools to assist the design, analysis and operation of a competitive power market. PowerWorld simulator is an … …American Journal of Engineering and Applied Sciences, Vol. 8, Issue 3 · 23 May 2015 · 7,848 accessesView PDF Cite

Research ArticleOpen accessIn the keywordsOptimal Bidding Strategies for a Small Generation Company in a Day-Ahead Electricity Market with Bilateral Contracts Taken into AccountAzmi Saleh, Takao Tsuji, Tsutomu OyamaProblem Statement: Deregulation power systems have been force to change their structures, from vertically integrated to open market systems. Each generation company (Genco) is required to compete with rivals through bidding in a pool market and making a bilateral contract with a distribution company (Disco) or consumers to maximize its own profits. A unit commitment becomes responsible for each Genco … …American Journal of Engineering and Applied Sciences, Vol. 2, Issue 1 · 31 Mar 2009 · 7,708 accessesView PDF Cite

Research ArticleOpen accessIn the keywordsOptimal Bidding Strategies for Generation Companies in a Day-Ahead Electricity Market with Risk Management Taken into AccountAzmi Saleh, Takao Tsuji, Tsutomu OyamaProblem statement: In a competitive electricity market with limited number of producers, Generation Companies (Gencos) is facing an oligopoly market rather than a perfect competition. Under oligopoly market environment, each Genco may increase its own profit through a favorable bidding strategy. The objective of a Genco is to maximize its profit and minimize the associated risk. In order to achieve … …American Journal of Engineering and Applied Sciences, Vol. 2, Issue 1 · 31 Mar 2009 · 8,233 accessesView PDF Cite

EditorialOpen accessIn the abstractON THE CHALLENGES OF THE USE AND INTEGRATION OF RENEWABLE ENERGY SOURCESMariano MartínOverview: Although renewable energy sources are plentiful, their availability is highly volatile in time and distributed across regions while and the processes that transform them into useful power or chemicals are underdeveloped. In this work we discuss on the scope for the use and integration of renewable energy sources and the future development of the alternatives. Energy, the sources and … …Energy Research Journal, Vol. 5, Issue 1 · 11 Sep 2014 · 7,540 accessesView PDF Cite