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Cost Efficient Generation Scheduling using Availability Based Tariff

Author(s):

Krunal Gandhi , YIT, Jaipur; Tanuj Manglani, YIT, Jaipur

Keywords:

Cost Efficient Generation Scheduling, Availability Based Tariff

Abstract

This paper spotlights generation scheduling under Availability Based Tariff (ABT) using Artificial Neural Network (ANN) based forecasted load and frequency. The ABT has three main ingredients i.e., fixed charge, Capacity charge and Unscheduled Interchange (UI) charge. The end component, UI charge is frequency dependent which is key factor of this work. Frequency estimation and load forecasting of the next day is done by using of Artificial Neural Network (ANN). The results show that ANN can estimate frequency and forecasting load more accurately. The modified scheduling algorithm is then used to demonstrate the use of anticipated frequency and its contribution in achieving more realistic schedule to derive maximum benefits of ABT.

Other Details

Paper ID: IJSRDV4I70448
Published in: Volume : 4, Issue : 7
Publication Date: 01/10/2016
Page(s): 646-649

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