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Algorithmic Development and Industrial Applications of Short-term Hydro Scheduling in the Nordic Power Market

Abstract

This paper summarizes the algorithmic development and industrial applications of short-term hydro scheduling (STHS) in the Nordic power market. It focuses on the modeling techniques and solution methodologies applied to solve new challenges related to the large-scale integration of non-dispatchable renewable energy in the electric power system. Three optimization and simulation tools developed for STHS are presented. The tools are widely used in the Nordic hydropower industry and are part of business-critical daily scheduling, trading, and energy management operations.

Category

Academic chapter

Language

English

Affiliation

  • SINTEF Energy Research / Energisystemer
  • Norwegian University of Science and Technology

Year

2022

Publisher

IEEE (Institute of Electrical and Electronics Engineers)

Book

2022 14th IEEE PES Asia Pacific Power & Energy Engineering Conference - APPEEC

ISBN

9781665467384

View this publication at Norwegian Research Information Repository