SLIDE 10
- Dr. Haiying Shen, Department of Computer Science, University of Virginia
Objective Function of the Problem 𝑃𝐺 = 𝐷𝑝𝑡𝑢𝑢
𝐹𝑁 +
𝐷𝑝𝑡𝑢,𝑢
𝐺 + 𝐷𝑝𝑡𝑢,𝑢 𝐹
+𝐷𝑝𝑡𝑢,𝑢
𝑇𝑈𝑉 + 𝐷𝑝𝑡𝑢,𝑢 𝑇𝐼𝐸 𝑂 =1 𝑂𝑢 𝑢=1
(25)
- Cost of energy management of end users: Energy management of end users may result in cost or profit for the GENCO
when the income of sold electrical energy decreases or increases after energy management, respectively, as can be seen in equation (26). 𝐷𝑝𝑡𝑢𝑢
𝐹𝑁 =
𝐸𝑢
𝑁𝑝𝑒𝑓𝑚 × 𝜌𝑢 − 𝐸
𝑢
𝑁𝑝𝑒𝑓𝑚 × 𝜌
𝑢
𝑁𝑝𝑒𝑓𝑚
(26)
- Fuel cost of generation units: The fuel cost of every generation unit (𝐷𝑝𝑡𝑢,𝑢
𝐺 ), which is in “on” status (𝑦,𝑢 𝐻 = 1), is a
quadratic polynomial. In other words, the generation unit consumes more fuel per power unit when its power is in the upper level of power compared to the value of consumed fuel per power unit in the lower level. 𝐷𝑝𝑡𝑢,𝑢
𝐺 = 𝛽1, 𝐺 × 𝑄 ,𝑢 2 + 𝛽2, 𝐺
× 𝑄
,𝑢
+ 𝛽3,
𝐺
× 𝑦,𝑢
𝐻 (27)
- Greenhouse gas emissions cost of generation units: The greenhouse gas emissions cost of every generation unit (𝐷𝑝𝑡𝑢,𝑢
𝐹 ),
which is in “on” status (𝑦,𝑢
𝐻 = 1), is a quadratic polynomial.
𝐷𝑝𝑡𝑢,𝑢
𝐹 = 𝛾 𝐹 × 𝛽1, 𝐹 × 𝑄 ,𝑢 2 + 𝛽2, 𝐹
× 𝑄
,𝑢
+ 𝛽3,
𝐹
× 𝑦,𝑢
𝐻 (28)
- Start-up cost and shut down cost of generation units:
𝐷𝑝𝑡𝑢,𝑢
𝑇𝑈𝑉 = 𝐷 𝑇𝑈𝑉 × 1 − 𝑦,𝑢−1 𝐻
× 𝑦,𝑢
𝐻 (29)
𝐷𝑝𝑡𝑢,𝑢
𝑇𝐼𝐸 = 𝐷 𝑇𝐼𝐸 × 𝑦,𝑢−1 𝐻
× 1 − 𝑦,𝑢
𝐻
(30)
Problem Formulation