A Preliminary Research on the Optimal Daily Operation Mode of Pumped-storage Power Plants under Electricity Market Environment

摘要

This paper develops optimal daily operation mode of pumped-storage power plants under electricity market environment. Assuming electricity prices can be estimated and taking the risk into considerations, an algorithm to maximize the profit of a pumped-storage power plant considering reserve bids is developed. Chance-constrained programming (CCP), Monte Carlo simulation and GA are used to solve the problem.