Abstract
In this paper a multistage combined investment and dispatch model for long-term unit commitment problems of large-scale hydrothermal power systems is presented. It is based on a combination of a continuous and mixed integer programming algorithm as well as Lagrangian relaxation. First, the required capacities of power generation and storage units are determined by a continuous linear program (LP). Second, in an optional stage the unit commitment problem for all investigated market areas, i.e. those of Europe, is solved by a mixed integer linear program (MILP). At last, a MILP solves the same problem with a higher level of detail for a focused subarea.
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Funded by the Federal Ministry for Economic Affairs and Energy, funding code 0325327.
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Scholz, A., Sandau, F., Pape, C. (2016). A European Investment and Dispatch Model for Determining Cost Minimal Power Systems with High Shares of Renewable Energy. In: Lübbecke, M., Koster, A., Letmathe, P., Madlener, R., Peis, B., Walther, G. (eds) Operations Research Proceedings 2014. Operations Research Proceedings. Springer, Cham. https://doi.org/10.1007/978-3-319-28697-6_72
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DOI: https://doi.org/10.1007/978-3-319-28697-6_72
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