Estimating the Costs of Operating Reserve Provision by Poundage Hydroelectric Power Plants

2018 15th International Conference on the European Energy Market (EEM 2018) 2018
Romāns Petričenko, Kārlis Baltputnis, Dmitrijs Soboļevskis, Antans Sauļus Sauhats

The transmission system operators are entrusted with the task of ensuring stable and reliable functioning of the power system. In a modern power system, there are three groups of market actors who can be called upon by TSOs to aid in power system operation management: controllable generation, energy storage and controllable load. The owners of these assets can rightfully expect remuneration for their services from the TSO to recoup investment costs and operational expenses. This study is focused on poundage hydroelectric power plants and it strives to estimate the cost of operating reserve provision. Data of the large hydroelectric power plants located on the River Daugava is used for the calculation of costs and validation of the proposed algorithms.

Keywords
optimization, hydroelectric power, hydropower scheduling, reserve cost assessment
DOI
10.1109/EEM.2018.8469876
Hyperlink
https://ieeexplore.ieee.org/document/8469876

Petričenko, R., Baltputnis, K., Soboļevskis, D., Sauhats, A. Estimating the Costs of Operating Reserve Provision by Poundage Hydroelectric Power Plants. In: 2018 15th International Conference on the European Energy Market (EEM 2018), Poland, Lodz, 27-29 June, 2018. Piscataway: IEEE, 2018, pp.275-279. ISBN 978-1-5386-1489-1. e-ISBN 978-1-5386-1488-4. e-ISSN 2165-4093. Available from: doi:10.1109/EEM.2018.8469876

Publication language
English (en)