Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

---

In restructured power systems and in a wholesale power market, a distribution company as a market player intends to maximize its profit by utilizing its options. Hence determining an optimal energy acquisition strategy for a distribution company is vital, for attaining to this goal. However an important challenge for determining these strategies is forecasting other competitors and Generation companies' strategies and competitors' incomplete information must be considered as uncertainties in the problem. In this paper, an energy acquisition model for a distribution company with considering distributed generations, interruptible loads and information's uncertainties in a day-ahead electricity market has been presented. In the proposed method, distribution company energy acquisition strategy has been modeled as a two-level multi-objective optimization problem and has been solved by using nonlinear complementarities and L-P metric methods and then, the uncertainties in the competitors' information, has been applied to the model by using Monte Carlo method. An 8-bus system is employed to illustrate the proposed model and algorithm.

Keywords: Distributed Generation, Uncertainty, Distribution Company, Interruptible Load, Nonlinear Complementarity Method, Monte Carlo Method

Full-Text [PDF 933 kb]   (1695 Downloads)    

Add your comments about this article : Your username or Email:

---