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Conference paper

A Stochastic Unit Commitment Model for a Local CHP Plant

In Ieee Powertech'05, St. Petersburg, Russia, June 27-30 — 2005, pp. 1-7

By Ravn, Hans V.1; Riisom, Jannik1; Schaumburg-Müller, Camilla1

From

Department of Informatics and Mathematical Modeling, Technical University of Denmark1

Local CHP development in Denmark has during the 90’s been characterised by large growth primarily due to government subsidies in the form of feed-in tariffs. In line with the liberalisation process in the EU, Danish local CHPs of a certain size must operate on market terms from 2005. This paper presents a stochastic unit commitment model for a single local CHP plant (consisting of CHP unit, boiler, and heat storage facility) which takes into account varying spot prices.

Further, additional technology is implemented in the model in the form of an immersion heater. Simulations are conducted using the spot prices of the years 2001-2003, both with and without the immersion heater included in the model, and the results are compared to the full information case.

Language: English
Publisher: IEEE
Year: 2005
Pages: 1-7
Proceedings: 2005 IEEE Russia Power Tech
ISBN: 5932080345 and 9785932080344
Types: Conference paper
DOI: 10.1109/PTC.2005.4524370
Keywords

CHP Combined heat and power Denmark market conditions power generation dispatch stochastic programming

Other keywords

Biographies Boilers Cogeneration Costs Local government Power generation dispatch Power system modeling Production Stochastic processes Wind energy cogeneration combined heat and power feed-in tariffs local CHP plant power markets stochastic unit commitment model varying spot prices

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