TY - GEN
T1 - Emission constrained bid based dynamic economic dispatch using quadratic programming
AU - Nwulu, Nnamdi
N1 - Publisher Copyright:
© 2017 IEEE.
PY - 2018/6/19
Y1 - 2018/6/19
N2 - In this work, a variant of the Dynamic Economic Dispatch (DED) problem is presented. This variant is under a deregulated environment and is termed the Bid Based Dynamic Economic Dispatch (BBDED). Customers give bids on the amount of power they are willing to buy and suppliers simultaneously give bids on how much they are willing to supply. This is done over a trading scheduling period and the Independent System Operator (ISO) seeks to maximize its profit and optimally schedule power flow whilst respecting system constraints. In this paper, the BBDED formulation has an emission constraint factored with the resulting model solved using the Advanced Interactive Multidimensional Modelling System (AIMMS) under different scenarios with encouraging results.
AB - In this work, a variant of the Dynamic Economic Dispatch (DED) problem is presented. This variant is under a deregulated environment and is termed the Bid Based Dynamic Economic Dispatch (BBDED). Customers give bids on the amount of power they are willing to buy and suppliers simultaneously give bids on how much they are willing to supply. This is done over a trading scheduling period and the Independent System Operator (ISO) seeks to maximize its profit and optimally schedule power flow whilst respecting system constraints. In this paper, the BBDED formulation has an emission constraint factored with the resulting model solved using the Advanced Interactive Multidimensional Modelling System (AIMMS) under different scenarios with encouraging results.
KW - Deregulated market
KW - Dynamic economic dispatch
KW - Emission constraint
KW - Independent system operator
UR - http://www.scopus.com/inward/record.url?scp=85050124354&partnerID=8YFLogxK
U2 - 10.1109/ICECDS.2017.8389806
DO - 10.1109/ICECDS.2017.8389806
M3 - Conference contribution
AN - SCOPUS:85050124354
T3 - 2017 International Conference on Energy, Communication, Data Analytics and Soft Computing, ICECDS 2017
SP - 213
EP - 216
BT - 2017 International Conference on Energy, Communication, Data Analytics and Soft Computing, ICECDS 2017
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2017 International Conference on Energy, Communication, Data Analytics and Soft Computing, ICECDS 2017
Y2 - 1 August 2017 through 2 August 2017
ER -