The Market Participants Profit Maximization Considering the Spinning Reserve and System’s Limitations

The 15th International Scientific Conference on Present-day Problems of Power Engineering. Vol.3: Forecasting and Energy Economics: Forecasting, Planning and Development Issues, Energy Markets and Technical-Economic Analysis 2011
Anatolijs Mahņitko, Renāta Varfolomejeva, Inga Iļjina

The optimization problem for power distribution among generating companies without and with including limitations is considered in this paper. Also considered the optimization task of reserve capacity and generated power taking into account network limitations, with the aim to increase the reliability of electrical power system functioning. In electrical market there is factor that influence the pricing, and it is system limitation. It considers the total profit function’s maximization by effective power distribution on the system with the example of EPS scheme.

Atslēgas vārdi
electricity market, spining reserve, limitations

Mahņitko, A., Varfolomejeva, R., Umbraško, I. The Market Participants Profit Maximization Considering the Spinning Reserve and System’s Limitations. No: The 15th International Scientific Conference on Present-day Problems of Power Engineering. Vol.3: Forecasting and Energy Economics: Forecasting, Planning and Development Issues, Energy Markets and Technical-Economic Analysis, Polija, Jurata, 8.-10. jūnijs, 2011. Gdansk: Department of Electrical Power Engineering, 2011, 43.-50.lpp. ISBN 9788393131709.

Publikācijas valoda
English (en)