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Authors: Timo Breithaupt ; Thomas Leveringhaus ; Torsten Rendel and Lutz Hofmann

Affiliation: Leibniz Universität Hannover, Germany

ISBN: 978-989-758-265-3

Keyword(s): Electric Power Market, Electric Control Reserve Market, Power Plant Dispatch, MILP.

Related Ontology Subjects/Areas/Topics: Artificial Intelligence ; Discrete-Event Simulation ; Formal Methods ; Informatics in Control, Automation and Robotics ; Intelligent Control Systems and Optimization ; Optimization Issues ; Planning and Scheduling ; Simulation and Modeling ; Symbolic Systems

Abstract: A mixed integer linear programming (MILP) approach for the joint simulation of electric control reserve and electricity wholesale markets is described. This generation dispatch model extends an existing integrated grid and electricity market model covering the Continental European electric power system. By explicitly modelling the markets for primary and secondary control reserve, the model can reproduce the decisions of generating unit operators on which markets to get involved. Besides, the introduction of integrality conditions allows considering start-up costs and the calculus of generating units to pass through economically unattractive periods with low or even negative prices in order to avoid another start-up. Finally, the MILP approach allows to consider the fact that primary and secondary control reserves provision usually requires operation of the respective generating unit and to fully include storages into the optimization problem. In this paper, the generation dispatch mo del is described in detail, key assumptions are presented and the implementation status is explained. (More)

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Paper citation in several formats:
Breithaupt T., Leveringhaus T., Rendel T. and Hofmann L. (2017). A MILP Approach for the Joint Simulation of Electric Control Reserve and Wholesale Markets.In Proceedings of the 7th International Conference on Simulation and Modeling Methodologies, Technologies and Applications - Volume 1: SIMULTECH, ISBN 978-989-758-265-3, pages 314-322. DOI: 10.5220/0006441203140322

@conference{simultech17,
author={Timo Breithaupt and Thomas Leveringhaus and Torsten Rendel and Lutz Hofmann},
title={A MILP Approach for the Joint Simulation of Electric Control Reserve and Wholesale Markets},
booktitle={Proceedings of the 7th International Conference on Simulation and Modeling Methodologies, Technologies and Applications - Volume 1: SIMULTECH,},
year={2017},
pages={314-322},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006441203140322},
isbn={978-989-758-265-3},
}

TY - CONF

JO - Proceedings of the 7th International Conference on Simulation and Modeling Methodologies, Technologies and Applications - Volume 1: SIMULTECH,
TI - A MILP Approach for the Joint Simulation of Electric Control Reserve and Wholesale Markets
SN - 978-989-758-265-3
AU - Breithaupt T.
AU - Leveringhaus T.
AU - Rendel T.
AU - Hofmann L.
PY - 2017
SP - 314
EP - 322
DO - 10.5220/0006441203140322

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