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Multi-period probabilistic production cost model including dispatch constraints

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2 Author(s)
J. Perez-Ruiz ; ETSI Ind., Malaga Univ., Spain ; A. J. Conejo

This paper presents a multi-period probabilistic production cost model. Dispatch intra-period and inter-period constraints are considered through the use of a facet LP formulation. An efficient solution procedure based on the Dantzig-Wolfe decomposition technique is developed. The work reported in this paper extends previous work in two respects: (i) inter-period constraints are rigorously treated, and (ii) a systematic general solution procedure is developed. Results for a large-scale case study are presented

Published in:

IEEE Transactions on Power Systems  (Volume:15 ,  Issue: 2 )