A European Investment and Dispatch Model for Determining Cost Minimal Power Systems with High Shares of Renewable Energy

Angela Scholz (), Fabian Sandau and Carsten Pape
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Angela Scholz: Fraunhofer-Institut für Windenergie Und Energiesystemtechnik
Fabian Sandau: Fraunhofer-Institut für Windenergie Und Energiesystemtechnik
Carsten Pape: Fraunhofer-Institut für Windenergie Und Energiesystemtechnik

A chapter in Operations Research Proceedings 2014, 2016, pp 515-521 from Springer

Abstract: Abstract In this paperPape, Carsten a multistage combined investment and dispatch modelSandau, Fabian for long-termScholz, Angela unit commitment problems of large-scale hydrothermal power systems is presented. It is based on a combination of a continuous and mixed integer programming algorithm as well as Lagrangian relaxation. First, the required capacities of power generation and storage units are determined by a continuous linear program (LP). Second, in an optional stage the unit commitment problem for all investigated market areas, i.e. those of Europe, is solved by a mixed integer linear program (MILP). At last, a MILP solves the same problem with a higher level of detail for a focused subarea.

Keywords: Large scale optimization; Capacity planning; Energy policy; Planning (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-319-28697-6_72

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DOI: 10.1007/978-3-319-28697-6_72

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