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Short-term Value for the Water Stored in Headsensitivity Power System Reservoirs

dc.contributor.authorEusébio, Eduardo
dc.contributor.authorCamus, Cristina Inês
dc.contributor.authorMendes, Victor
dc.date.accessioned2015-05-11T16:46:43Z
dc.date.available2015-05-11T16:46:43Z
dc.date.issued2011
dc.description.abstractAs it is well known, competitive electricity markets require new computing tools for generation companies to enhance the management of its resources. The economic value of the water stored in a power system reservoir is crucial information for enhancing the management of the reservoirs. This paper proposes a practical deterministic approach for computing the short-term economic value of the water stored in a power system reservoir, emphasizing the need to considerer water stored as a scarce resource with a short-term economic value. The paper addresses a problem concerning reservoirs with small storage capacities, i.e., the reservoirs considered as head-sensitivity. More precisely, the respective hydro plant is head-dependent and a pure linear approach is unable to capture such consideration. The paper presents a case study supported by the proposed practical deterministic approach and applied on a real multi-reservoir power system with three cascaded reservoirs, considering as input data forecasts for the electric energy price and for the natural inflow into the reservoirs over the schedule time horizon. The paper presents various water schedules due to different final stored water volume conditions on the reservoirs. Also, it presents the respective economic value of the water for the reservoirs at different stored water volume conditions.por
dc.identifier.citationEUSÉBIO, Eduardo Adelino Mateus Nunes; [Et. al.] - Short-term Value for the Water Stored in Headsensitivity Power System Reservoirs. 8th International Conference on the European Energy Market - EEM'11. ISBN 978-1-61284-285-1. (2011), pp. 275-280por
dc.identifier.doi10.1109/EEM.2011.5953023
dc.identifier.isbn978-1-61284-285-1
dc.identifier.isbn978-1-61284-284-4
dc.identifier.urihttp://hdl.handle.net/10400.21/4521
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherIEEE - Institute of Electrical and Electronics Engineers Inc.por
dc.relation.publisherversionhttp://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=5953023por
dc.subjectEconomicspor
dc.subjectElectricitypor
dc.subjectEnergypor
dc.subjectOptimizationpor
dc.subjectPower systemspor
dc.subjectReservoirspor
dc.subjectWaterpor
dc.titleShort-term Value for the Water Stored in Headsensitivity Power System Reservoirspor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceZagrebpor
oaire.citation.endPage280por
oaire.citation.startPage275por
oaire.citation.title8th International Conference on the European Energy Market - EEM'11por
person.familyNameEusébio
person.familyNameCamus
person.familyNameMendes
person.givenNameEduardo
person.givenNameCristina Inês
person.givenNameVictor
person.identifier.ciencia-id4414-1BB5-34CB
person.identifier.orcid0000-0001-5939-5420
person.identifier.orcid0000-0002-1118-6467
person.identifier.orcid0000-0002-4599-477X
person.identifier.ridD-2332-2012
person.identifier.scopus-author-id55138675600
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication760ec7d2-85ba-4629-b79c-a47707532d3e
relation.isAuthorOfPublication47c01607-bd8a-48be-a867-08b0530bd914
relation.isAuthorOfPublicationa86b9291-f23c-4f09-83d7-9ee691696705
relation.isAuthorOfPublication.latestForDiscoverya86b9291-f23c-4f09-83d7-9ee691696705

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