• Title/Summary/Keyword: electric power demand forecasting

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Profit-based Thermal Unit Maintenance Scheduling under Price Volatility by Reactive Tabu Search

  • Sugimoto Junjiro;Yokoyama Ryuichi
    • KIEE International Transactions on Power Engineering
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    • v.5A no.4
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    • pp.331-338
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    • 2005
  • In this paper, an improved maintenance scheduling approach suitable for the competitive environment is proposed by taking account of profits and costs of generation companies and the formulated combinatorial optimization problem is solved by using Reactive Tabu search (RTS). In competitive power markets, electricity prices are determined by the balance between demand and supply through electric power exchanges or by bilateral contracts. Therefore, in decision makings, it is essential for system operation planners and market participants to take the volatility of electricity price into consideration. In the proposed maintenance scheduling approach, firstly, electricity prices over the targeted period are forecasted based on Artificial Neural Network (ANN) and also a newly proposed aggregated bidding curve. Secondary, the maintenance scheduling is formulated as a combinatorial optimization problem with a novel objective function by which the most profitable maintenance schedule would be attained. As an objective function, Opportunity Loss by Maintenance (OLM) is adopted to maximize the profit of generation companies (GENCOS). Thirdly, the combinatorial optimization maintenance scheduling problem is solved by using Reactive Tabu Search in the light of the objective functions and forecasted electricity prices. Finally, the proposed maintenance scheduling is applied to a practical test power system to verify the advantages and practicability of the proposed method.

Prediction technique for system marginal price using wavelet transform (웨이브릿 변환을 이용한 발전시스템 한계원가 예측기법)

  • Kim, Chang-Il;Kim, Bong-Tae;Kim, Woo-Hyun;Yu, In-Keun
    • Proceedings of the KIEE Conference
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    • 1999.11b
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    • pp.210-212
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    • 1999
  • This paper proposes a novel wavelet transform based technique for prediction of System Marginal Price(SMP). In this paper, Daubechies D1(haar), D2, D4 wavelet transforms are adopted to predict SMP and the numerical results reveal that certain wavelet components can effectively be used to identify the SMP characteristics with relation to the system demand in electric power systems. The wavelet coefficients associated with certain frequency and time localisation are adjusted using the conventional multiple regression method and then reconstructed in order to predict the SMP on the next scheduling day through a five-scale synthesis technique. The outcome of the study clearly indicates that the proposed wavelet transform approach can be used as an attractive and effective means for the SMP forecasting.

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The Correlation Study of Factors which effect on Insulation Reliability of Inverter Motor Using Statistical Analysis (통계 분석을 이용한 인버터용 전동기의 절연신뢰성에 영향을 주는 주요 변수의 상관관계 분석)

  • Han, Sang-Seok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.4
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    • pp.1216-1221
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    • 2010
  • An industrial growth needs high quality of productivity and accuracy. So, the needs of power electronics became pressing. Recently both interest and demand about the technique of power electronics systems has been increased. Though power electronics has a lot of strong point, there are several problems which are harmonic effect, EMI(Electromagnetic Interference), malfunction of electric machinery, harmful effect on human, audible noise and so on. Because these problem are a potent influence on motor, so there needs the manufacture and redesign of motor. The real motors of industrial application have designed and manufactured on the basis of confidence. The study on motor using utility power source was verified sufficient to identify confidence of electric machinery on utility power source. However, a study on confidence is in progress about pulse source by switching device. An advanced company are studying to solve this problem. In this research, it is studied that each variables effecting motor reliability have correlation through experiment and more over forecasting the reliability of motor under inverter operation.

Hybrid Energy Storage System with Emergency Power Function of Standardization Technology (비상전원 기능을 갖는 하이브리드 에너지저장시스템 표준화 기술)

  • Hong, Kyungjin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.19 no.2
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    • pp.187-192
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    • 2019
  • Hybrid power storage system with emergency power function for demand management and power outage minimizes the investment cost in the building of buildings and factories requiring emergency power generation facilities, We propose a new business model by developing technology that can secure economical efficiency by reducing power cost at all times. Normally, system power is supplied to load through STS (Static Transfer Switch), and PCS is connected to system in parallel to perform demand management. In order to efficiently operate the electric power through demand forecasting, the EMS issues a charge / discharge command to the ESS as a PMS (Power Management System), and the PMS transmits the command to the PCS controller to operate the system. During the power outage, the STS is rapidly disengaged from the system, and the PCS becomes an independent power supply and can supply constant voltage / constant frequency power to the load side. Therefore, it is possible to secure reliability through verification of actual system linkage and independent operation performance of hybrid ESS, By enabling low-carbon green growth technology to operate in conjunction with an efficient grid, it is possible to improve irregular power quality and contribute to peak load by generating renewable energy through ESS linkage. In addition, the ESS is replacing the frequency follow-up reserve, which is currently under the charge of coal-fired power generation, and thus it is anticipated that the operation cost of the LNG generator with high fuel cost can be reduced.