In a medium-term electricity market,in order to reduce the risks of price and inflow uncertainties, the cascade hydropower stations may use the options contract with electricity supply companies. A profit-based model ...In a medium-term electricity market,in order to reduce the risks of price and inflow uncertainties, the cascade hydropower stations may use the options contract with electricity supply companies. A profit-based model for risk management of cascade hydropower stations in the medium-term electricity market is presented. The objective function is profit maximization of cascade hydropower stations. In order to avoid the risks of price and inflow uncertainties, two different risk-aversion constraints: a minimum profit constraint and a minimum conditional value-at-risk, are introduced in the model. In addition, the model takes into account technology constraints of the generating units, which includes reservoir flow balance, reservoir capacity limits, water discharge constraints, etc. The model is formulated as a mixed integer nonlinear programming problem. Because the search space of the solution is very large, a genetic algorithm is used to deal with the problem.展开更多
Isolated operation of hydropower stations on Wujinag River was seen disadvantages of low rate of water utilization and much loss of electricity caused by abandoned water during low load periods. To tackle the problem,...Isolated operation of hydropower stations on Wujinag River was seen disadvantages of low rate of water utilization and much loss of electricity caused by abandoned water during low load periods. To tackle the problem, centralized control over cascade hydropower stations is practiced with a considerable economic benef it gained.展开更多
China is rich in hydropower resources,and mountain rivers have abundant water resources and huge development potential,which have a profound impact on the pattern of water resources allocation in China.As the main way...China is rich in hydropower resources,and mountain rivers have abundant water resources and huge development potential,which have a profound impact on the pattern of water resources allocation in China.As the main way of water resources and hydropower development,the construction of cascade hydropower stations,while meeting the requirements of water resources utilization for social development,has also brought adverse effects on river ecosystems.Therefore,the impact of the construction of cascade hydropower stations on mountainous river ecosystems,where the minimum ecological flow of rivers must be ensured and reviewed.In addition,this paper proposed the deficiencies and outlooks for cascade hydropower stations based on previous research results.展开更多
基金The National Natural Science Foundation of China (No.50579101)
文摘In a medium-term electricity market,in order to reduce the risks of price and inflow uncertainties, the cascade hydropower stations may use the options contract with electricity supply companies. A profit-based model for risk management of cascade hydropower stations in the medium-term electricity market is presented. The objective function is profit maximization of cascade hydropower stations. In order to avoid the risks of price and inflow uncertainties, two different risk-aversion constraints: a minimum profit constraint and a minimum conditional value-at-risk, are introduced in the model. In addition, the model takes into account technology constraints of the generating units, which includes reservoir flow balance, reservoir capacity limits, water discharge constraints, etc. The model is formulated as a mixed integer nonlinear programming problem. Because the search space of the solution is very large, a genetic algorithm is used to deal with the problem.
文摘Isolated operation of hydropower stations on Wujinag River was seen disadvantages of low rate of water utilization and much loss of electricity caused by abandoned water during low load periods. To tackle the problem, centralized control over cascade hydropower stations is practiced with a considerable economic benef it gained.
基金This research was funded by Guangxi key R&D program(Guike AB19259015)and Guangxi key R&D program(Guike AB20297017)Guangxi Key Laboratory of Water Engineering Materials and Structures fund program(GXHRI-WZMS-2020-07).
文摘China is rich in hydropower resources,and mountain rivers have abundant water resources and huge development potential,which have a profound impact on the pattern of water resources allocation in China.As the main way of water resources and hydropower development,the construction of cascade hydropower stations,while meeting the requirements of water resources utilization for social development,has also brought adverse effects on river ecosystems.Therefore,the impact of the construction of cascade hydropower stations on mountainous river ecosystems,where the minimum ecological flow of rivers must be ensured and reviewed.In addition,this paper proposed the deficiencies and outlooks for cascade hydropower stations based on previous research results.
