Short-Term Hydro Scheduling considering Risk Aversion in a MINLP Approach

Authors

  • J.P.S. Catalão Author
  • H.M.I. Pousinho Author
  • V.M.F. Mendes Author

DOI:

https://doi.org/10.24084/repqj08.559

Abstract

This paper presents an optimization model to help

a hydro generating company to schedule its hydroelectric units

in the short-term under a competitive environment. The hydro

generating company considered has the ultimate goal of

maximizing profits, taking also into account some risk aversion

criterion. The problem is formulated as a mixed-integer

nonlinear programming problem. An application to a real case

study is presented. Conclusions are duly drawn.

Author Biographies

  • J.P.S. Catalão

    Department of Electromechanical Engineering

    University of Beira Interior

    1. Fonte do Lameiro, 6200-001 Covilhã (Portugal)

    Phone: +351 275 329914, Fax: +351 275 329972, e-mail: catalao@ubi.pt

  • H.M.I. Pousinho

    Department of Electromechanical Engineering

    University of Beira Interior

    1. Fonte do Lameiro, 6200-001 Covilhã (Portugal)

    Phone: +351 275 329914, Fax: +351 275 329972, e-mail: hmi-21@hotmail.com

  • V.M.F. Mendes

    Department of Electrical Engineering and Automation

    Instituto Superior de Engenharia de Lisboa

    1. Conselheiro Emídio Navarro, 1950-062 Lisbon (Portugal)

    Phone: +351 218 317 000, Fax: +351 218 317 001, e-mail: vfmendes@isel.pt

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Published

2024-01-24

Issue

Vol. 8 No. 1 (2010)

Section

Articles