Title	A Day-Ahead Decision Rule Method for Multi-Market Multi-Reservoir Management
Creator	Rujeerapaiboon, Napat
Publisher	Banff International Research Station for Mathematical Innovation and Discovery
Date Issued	2019-09-23T17:21
Description	Peak/off-peak spreads in European electricity spot markets are eroding due to the nuclear phaseout and the recent growth in photovoltaic capacity. The reduced profitability of peak/off-peak arbitrage forces hydropower producers to participate in the reserve markets. We propose a two-layer stochastic programming framework for the optimal operation of a multi-reservoir hydropower plant which sells energy on both the spot and the reserve markets. The backbone of this approach is a combination of decomposition and decision rule techniques. Numerical experiments demonstrate its effectiveness.
Extent	25.0 minutes
Subject	Mathematics; Probability theory and stochastic processes; Operations research, mathematical programming; Control/Optimization/Operation Research
Type	Moving Image
File Format	video/mp4
Language	eng
Notes	Author affiliation: National University of Singapore
Series	BIRS Workshop Lecture Videos (Oaxaca de Juárez (Mexico))
Date Available	2020-03-22
Provider	Vancouver : University of British Columbia Library
Rights	Attribution-NonCommercial-NoDerivatives 4.0 International
DOI	10.14288/1.0389609
URI	http://hdl.handle.net/2429/73779
Affiliation	Non UBC
Peer Review Status	Unreviewed
Scholarly Level	Researcher
Rights URI	http://creativecommons.org/licenses/by-nc-nd/4.0/
Aggregated Source Repository	DSpace

Open Collections

BIRS Workshop Lecture Videos

A Day-Ahead Decision Rule Method for Multi-Market Multi-Reservoir Management Rujeerapaiboon, Napat

Description

Item Metadata

Item Media

Item Citations and Data

Rights