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A Novel Risk-based Energy Acquisition Model for A Distribution Company
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Hadi SafariFarmad *   1 |
| 1- Khorasan Electric Distribution Co. |
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Abstract: (10500 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. |
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| Keywords: Distribution Company, Interruptible load, Electricity market, Distributed generation, bilevel optimization, Risk |
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Full-Text [PDF 1275 kb]
(2961 Downloads)
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Type of Study: Applicable |
Subject:
Special
Received: 2014/11/16 | Accepted: 2015/08/29 | Published: 2015/09/9
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