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Conference Paper: Optimal control of nonlinear system for generator bidding in deregulated power markets

TitleOptimal control of nonlinear system for generator bidding in deregulated power markets
Authors
Liu, YWu, FFTeo, KL
KeywordsNonlinear system with periodic parameters
Optimal control
Power markets
Sensitivity analysis
Issue Date2005
PublisherIEEE.
Citation
IEEE Power Engineering Society General Meeting, San Francisco, California, USA, 12-16 June 2005, v. 1, p. 395-399 How to Cite?
DOI: http://dx.doi.org/10.1109/PES.2005.1489431
AbstractIn this paper, considering generator's long-term optimization behavior, the generator bidding problem is studied using optimal control theory. In particular, the system demand is treated as a periodic function, and the competition process is then modeled as a dynamic, nonlinear and feedback system with periodic parameters, where the publicly known market clearing price (MCP) is the system output and the feedback signal, and supplier's outputs are the state variables. A software package MSIER3 for numerically solving the general optimal control problem is used for simulation. The performance of the optimal control is investigated, and a sensitivity analysis of system parameters is done through simulation. ©2005 IEEE.
Persistent Identifierhttp://hdl.handle.net/10722/45766
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorLiu, Yen_HK
dc.contributor.authorWu, FFen_HK
dc.contributor.authorTeo, KLen_HK
dc.date.accessioned2007-10-30T06:34:59Z-
dc.date.available2007-10-30T06:34:59Z-
dc.date.issued2005en_HK
dc.identifier.citationIEEE Power Engineering Society General Meeting, San Francisco, California, USA, 12-16 June 2005, v. 1, p. 395-399en_HK
dc.identifier.urihttp://hdl.handle.net/10722/45766-
dc.description.abstractIn this paper, considering generator's long-term optimization behavior, the generator bidding problem is studied using optimal control theory. In particular, the system demand is treated as a periodic function, and the competition process is then modeled as a dynamic, nonlinear and feedback system with periodic parameters, where the publicly known market clearing price (MCP) is the system output and the feedback signal, and supplier's outputs are the state variables. A software package MSIER3 for numerically solving the general optimal control problem is used for simulation. The performance of the optimal control is investigated, and a sensitivity analysis of system parameters is done through simulation. ©2005 IEEE.en_HK
dc.format.extent828108 bytes-
dc.format.extent12538 bytes-
dc.format.mimetypeapplication/pdf-
dc.format.mimetypetext/plain-
dc.languageengen_HK
dc.publisherIEEE.en_HK
dc.relation.ispartof2005 IEEE Power Engineering Society General Meetingen_HK
dc.rights©2005 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.-
dc.subjectNonlinear system with periodic parametersen_HK
dc.subjectOptimal controlen_HK
dc.subjectPower marketsen_HK
dc.subjectSensitivity analysisen_HK
dc.titleOptimal control of nonlinear system for generator bidding in deregulated power marketsen_HK
dc.typeConference_Paperen_HK
dc.identifier.emailWu, FF: ffwu@eee.hku.hken_HK
dc.identifier.authorityWu, FF=rp00194en_HK
dc.description.naturepublished_or_final_versionen_HK
dc.identifier.doi10.1109/PES.2005.1489431en_HK
dc.identifier.scopuseid_2-s2.0-27144522338en_HK
dc.identifier.hkuros101727-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-27144522338&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume1en_HK
dc.identifier.spage395en_HK
dc.identifier.epage399en_HK
dc.identifier.scopusauthoridLiu, Y=22835324100en_HK
dc.identifier.scopusauthoridWu, FF=7403465107en_HK
dc.identifier.scopusauthoridTeo, KL=35569785000en_HK

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