Abstract
This paper describes an innovative approach of cooptimizing the energy and ancillary raise and lower services markets in the Australian National Electricity Market. A heuristic based technique called Horizon Scan [1], [2] is applied as the optimization procedure to find optimal solution for the problem. Horizon Scan is a heuristic based technique to search for optimal solution in a non-linear solution space. The paper is an extension to work that has been originally presented [3] and [7]. It includes a case study depicting simplified two region market model. Optimal schedules resulting in economical dispatch costs are obtained when Horizon Scan is applied to optimize trading between multi-regions with inter-connectors. Linear and non- linear constraint equations are also included in the model to take into account dynamics of the power system.
Original language | English |
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Title of host publication | Tencon 2005 - 2005 IEEE Region 10 |
Editors | H Bradlow |
Place of Publication | Melbourne Vic Australia |
Publisher | IEEE, Institute of Electrical and Electronics Engineers |
Number of pages | 5 |
ISBN (Print) | 0780393112, 9780780393110 |
DOIs | |
Publication status | Published - 2005 |
Event | IEEE Tencon (IEEE Region 10 Conference) 2005 - Crown Promenade Hotel, Melbourne, Australia Duration: 21 Nov 2005 → 24 Nov 2005 https://ieeexplore.ieee.org/xpl/conhome/4084859/proceeding (Proceedings) |
Publication series
Name | IEEE Region 10 Annual International Conference, Proceedings/TENCON |
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Volume | 2007 |
ISSN (Print) | 2159-3442 |
ISSN (Electronic) | 2159-3450 |
Conference
Conference | IEEE Tencon (IEEE Region 10 Conference) 2005 |
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Abbreviated title | TENCON 2005 |
Country/Territory | Australia |
City | Melbourne |
Period | 21/11/05 → 24/11/05 |
Internet address |
Keywords
- Cost optimal control
- Management information systems
- Modeling
- Power generation dispatch
- Power system economics
- Programming