Hydro Power Reservoir Aggregation via Genetic Algorithms
Markus Löschenbrand and
Magnus Korpås
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Markus Löschenbrand: Department of Electric Power Engineering, NTNU, 7491 Trondheim, Norway
Magnus Korpås: Department of Electric Power Engineering, NTNU, 7491 Trondheim, Norway
Energies, 2017, vol. 10, issue 12, 1-16
Abstract:
Electrical power systems with a high share of hydro power in their generation portfolio tend to display distinct behavior. Low generation cost and the possibility of peak shaving create a high amount of flexibility. However, stochastic influences such as precipitation and external market effects create uncertainty and thus establish a wide range of potential outcomes. Therefore, optimal generation scheduling is a key factor to successful operation of hydro power dominated systems. This paper aims to bridge the gap between scheduling on large-scale (e.g., national) and small scale (e.g., a single river basin) levels, by applying a multi-objective master/sub-problem framework supported by genetic algorithms. A real-life case study from southern Norway is used to assess the validity of the method and give a proof of concept. The introduced method can be applied to efficiently integrate complex stochastic sub-models into Virtual Power Plants and thus reduce the computational complexity of large-scale models whilst minimizing the loss of information.
Keywords: hydro power; reservoir aggregation; scheduling; evolutionary algorithm; genetic algorithm (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:10:y:2017:i:12:p:2165-:d:123395
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