Price Based Unit Commitment Considering Fuzzy Uncertainty

Reza Khorramnia^1, and Soroush Karimi Khorrami¹

¹Department of Electrical Engineering, Safashahr Branch, Islamic Azad University, Safashahr, Iran

Cite this paper

Reza Khorramnia and Soroush Karimi Khorrami. Price Based Unit Commitment Considering Fuzzy Uncertainty. American Journal of Electrical and Electronic Engineering. 2013; 1(1):10-14. doi: 10.12691/AJEEE-1-1-2

Abstract

In deregulated systems, bidding plays an important role for Gencos participating with the objective of maximizing profit. While making bidding strategies, factors like unit constraint and price uncertainty need to be considered as they have direct impact on the expected profit. The goal of the partnership units of solution is based on the price. By solving this problem, the generation company to determine the optimal generation schedule and unit status hourly. MCP plays an important role in the profitability of the units. In this paper, a novel approach to solving an optimal bid curve underprice uncertainty using PBUC in PAB markets is presented. Numerical results show the suitability of the method on a sample market.

Keywords

price based unit commitment, market clearing price, fuzzy uncertainty, pay as bid, Generation Company

Copyright

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

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