Self-scheduling of a Price-taker Hydro Producer in a Day-ahead Energy and Ancillary Service Market
S. J. Kazempour, M. Parsa Moghaddam, G.R. Yousefi, “Self-scheduling of a Price-taker Hydro Producer in a Day-ahead Energy and Ancillary Service Market”, IEEE PES Power System Conference & Exposition, 15-18 March 2009, Seattle, WA, USA.
This paper addresses the self-scheduling of a price-taker hydro generating company in a pool-based electricity market. This company comprises several cascaded hydro plants along a river basin. The goal is maximizing the profit of company from participating in the day-ahead energy and ancillary service markets. The spinning reserve and regulation services are considered as ancillary services that hydro producer can participate in their markets. The self-scheduling problem of hydro producer is therefore formulated and solved as a mixed integer non-linear programming (MINLP) problem. Numerical results for a case study are discussed.