Publication Type | Full-text conference paper published in other conference proceedings |
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Funding for basic activity | Unknown |
Defending: | , |
Publication language | English (en) |
Title in original language | Algorithm of Spinning Reserve Distribution for Market's Participants Profit Maximization |
Field of research | 2. Engineering and technology |
Sub-field of research | 2.2 Electrical engineering, Electronic engineering, Information and communication engineering |
Authors |
Renāta Varfolomejeva
Inga Iļjina Anatolijs Mahņitko |
Keywords | Energy market, power generation, generating company, profit, spinning reserve |
Abstract | In this paper the optimization task of reserve capacity and generated power with the aim to increase the reliability of electrical power system functioning is considered. If generating company gets profit from energy selling then from maintaining spinning reserve capacity also the same income is expected. This paper describes three different variants of reserve distribution in integrated energy market. It considers reserve distribution process on the system with the example of electrical power system scheme, taking into account the total profit function’s maximization. |
Hyperlink: | http://www.ktu.lt/ect/archive/Proceedings%20ECT-2011.pdf#page=146 ![]() |
Reference | Varfolomejeva, R., Umbraško, I., Mahņitko, A. Algorithm of Spinning Reserve Distribution for Market's Participants Profit Maximization. In: Electrical and Control Technologies 2011 : Proceedings of the 6th International Conference on Electrical and Control Technologies (ECT-2011), Lithuania, Kaunas, 5-6 May, 2011. Kaunas: Technologija, 2011, pp.145-148. ISSN 1822-5934. |
ID | 10323 |