| Title |
Production Costing Model Including Hydroelectric Plants in Long-range Generation Expansion Planning |
| Abstract |
This paper describes a new algorithm to evaluate the production cost for a generation system including energy-limited hydroelectric plants. The algorithm is based upon the analytical production costing model developed under the assumption of Gaussian probabilistic distribution of random load fluctuations and plant outages. Hydro operation and pumped storage operation have been dealt with in the previous papers using the concept of peak-shaving operation. In this paper, the hydro problem is solved by using a new version of the gradient projection method that treats the upper / lower bounds of variables saparately and uses a specified initial active constraint set. Accuracy and validity of the algorithm are demonstrated by comparing the result with that of the peak-shaving model. |