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Optimal scheduling of a multiunit hydro power station in a short-term planning horizon

TitleOptimal scheduling of a multiunit hydro power station in a short-term planning horizon
Publication TypeBook Chapter
Year of Publication2015
AuthorsBorghetti, A., C. D’Ambrosio, A. Lodi, and S. Martello
Book TitleCase Studies in Operations Research
Volume212
Pagination167–181
PublisherSpringer
CityNew York
KeywordsApplied Mathematics, Computer Science Applications1707 Computer Vision and Pattern Recognition, Leisure and Hospitality Management, Management Science and Operations Research, Software, Strategy and Management1409 Tourism
Abstract

We consider here a price-taker generating company that wants to optimize the operation of a pump-storage multiunit hydro power station for a given time horizon, typically one day or one week. The problem is to determine the commitment and the power generation of the plant so as to maximize the revenue given by power selling. All the units of the plant are assumed to be fed by the same reservoir. The considered horizon is limited to a short term in order to assume that natural inflows to the reservoir and prices are known as previously forecast without taking into account the stochastic aspects of the problem.

URLwww.springer.com/series/6161
DOI10.1007/978-1-4939-1007-6_8