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:: Volume 4, Issue 1 (9-2015) ::
ieijqp 2015, 4(1): 3-13 Back to browse issues page
A Novel Risk-based Energy Acquisition Model for A Distribution Company
Hadi SafariFarmad * 1
1- Khorasan Electric Distribution Co.
Abstract:   (10464 Views)
The main goal of this paper is to present a novel model for a distribution company (Disco) energy acquisition in a competitive electricity market environment with interruptible load (IL) and distributed generation (DG). The work formulates the Disco energy acquisition model as a bilevel optimization problem with some real considerations, and then studies and designs an algorithm of this optimization problem too. In order to achieve this goal, a novel two-step procedure is proposed. At the first step, a real model for an industrial IL is introduced to examine how problem modeling and solving are affected by IL model. The introduced method shows a good performance of problem modeling and solving algorithm both in terms of solution quality and computational results. A Real case study is carried out considering a test system with some assumptions. Results show the general applicability of the proposed model, with potential cost saving for the Disco.
Keywords: Distribution Company, Interruptible load, Electricity market, Distributed generation, bilevel optimization, Risk
Full-Text [PDF 1275 kb]   (2939 Downloads)    
Type of Study: Applicable | Subject: Special
Received: 2014/11/16 | Accepted: 2015/08/29 | Published: 2015/09/9


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SafariFarmad H. A Novel Risk-based Energy Acquisition Model for A Distribution Company. ieijqp 2015; 4 (1) :3-13
URL: http://ieijqp.ir/article-1-194-en.html


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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 4, Issue 1 (9-2015) Back to browse issues page
نشریه علمی- پژوهشی کیفیت و بهره وری صنعت برق ایران Iranian Electric Industry Journal of Quality and Productivity
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