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Optimal scheduling of a pumped storage hydro unit in the day-ahead and secondary reserve electricity market

dc.contributor.authorLagarto, João
dc.contributor.authorFernandes, Filipe
dc.contributor.authorSousa, Jorge A. M.
dc.contributor.authorSantana, João
dc.contributor.authorMartins, Berto
dc.date.accessioned2019-02-15T10:58:47Z
dc.date.available2019-02-15T10:58:47Z
dc.date.issued2015-08-24
dc.description.abstractAncillary services play a major role in power systems security and stability. The transmission systems operators contract some of these services at minimum cost in competitive markets. This is the case of the secondary reserve market (SRM). Besides the day-ahead market (DAM) generating companies, aiming at maximize their profits, can increase their revenues by selling available capacity in the SRM. This paper presents the solution of a price-taker generating company, owning a pumped-storage hydro (PSH) unit, acting in DAM and SRM. The results were obtained for three case studies: the generating company acts only in the DAM; the generating company acts in both markets with a fixed pumping capacity of the PSH unit; the generating company acts in both markets with a variable pumping capacity of the PSH unit. Results show that higher profits are obtained when acting in both markets with a variable pumping capacity of the PSH unit.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationLAGARTO, João; [et al] – Optimal scheduling of a pumped storage hydro unit in the day-ahead and secondary reserve electricity market. In 2015 12th International Conference on the European Energy Market (EEM). Lisbon, Portugal: IEEE, 2015. ISBN 978-1-4673-6692-2. Pp. 1-5pt_PT
dc.identifier.doi10.1109/EEM.2015.7216752pt_PT
dc.identifier.isbn978-1-4673-6692-2
dc.identifier.issn2165-4093
dc.identifier.issn2165-4077
dc.identifier.urihttp://hdl.handle.net/10400.21/9505
dc.language.isoengpt_PT
dc.publisherIEEEpt_PT
dc.relation.publisherversionhttps://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=7216752pt_PT
dc.subjectAncillary servicespt_PT
dc.subjectDay-ahead marketpt_PT
dc.subjectPumped-hydro storagept_PT
dc.subjectSecondary reserve marketpt_PT
dc.titleOptimal scheduling of a pumped storage hydro unit in the day-ahead and secondary reserve electricity marketpt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/5876/UID%2FCEC%2F50021%2F2013/PT
oaire.citation.conferencePlace19-22 May 2015 - Lisbon, Portugalpt_PT
oaire.citation.endPage5pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.title2015 12th International Conference on the European Energy Market (EEM)pt_PT
oaire.fundingStream5876
person.familyNameLagarto
person.familyNameSousa
person.givenNameJoão
person.givenNameJorge A. M.
person.identifier2750231
person.identifier.ciencia-id0512-2920-3C9E
person.identifier.ciencia-idF816-08E3-B045
person.identifier.orcid0000-0002-7047-6210
person.identifier.orcid0000-0002-1110-6586
person.identifier.ridM-1020-2015
person.identifier.scopus-author-id24758947600
person.identifier.scopus-author-id55940825700
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsclosedAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublication174bfcee-266b-483c-bc13-f187a886014d
relation.isAuthorOfPublication69325e43-1f4e-4c1c-8c69-159ac3f93066
relation.isAuthorOfPublication.latestForDiscovery69325e43-1f4e-4c1c-8c69-159ac3f93066
relation.isProjectOfPublication9964a800-3334-42d6-aab0-1f8870cbe7b1
relation.isProjectOfPublication.latestForDiscovery9964a800-3334-42d6-aab0-1f8870cbe7b1

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