arbitrage is a known economic term, implying simultaneous transaction on commodities. for instance, a generation company (genco) may involve itself in selling fuel, emission allowance and etc., instead of generating either active or reactive power. moreover, arbitrage between active and reactive powers can, in turn, be considered. in this paper, arbitrage between active and reactive power is c...

increasing competition in the air transport market has intensified active airlines’ efforts to keep their market share by attaching due importance to cost management aimed at reduced final prices. crew costs are second only to fuel costs on the cost list of airline companies. so, this paper attempts to investigate the cockpit crew pairing problem. the set partitioning problem has been used for ...

Hydro generation scheduling is a nonlinear programming problem. This paper describes the hydro generation scheduling problem constraints. The optimal hydro scheduling problem is formulated as a large scale linear programming algorithm and is solved using a commercially available linear programming package. The selected objective function requires minimization of demand and generation of a hydro...

Since the emergence of power market, the target of power generating utilities has mainly switched from cost minimization to revenue maximization. They dispatch their power energy generation units in the uncertain environment of power market. As a result, multi-stage stochastic programming has been applied widely by many power generating agents as a suitable tool for dealing with self-scheduling...

this paper presents a formulation of unit commitment for thermal units integrated with wind and solar energy systems and electrical vehicles with emphasizing on mixed integer nonlinear programming (minlp). the renewable energy resources are included in this model due to their low electricity cost and positive effect on environment. as well as, coordinated charging strategy of electrical vehicle...

since the emergence of power market, the target of power generating utilities has mainly switched from cost minimization to revenue maximization. they dispatch their power energy generation units in the uncertain environment of power market. as a result, multi-stage stochastic programming has been applied widely by many power generating agents as a suitable tool for dealing with self-scheduling...

In this paper, a preemptive multi-objective multi-mode project scheduling model for resource investment problem is proposed. The first objective function is to minimize the completion time of project (makespan);the second objective function is to minimize the cost of using renewable resources. Non-renewable resources are also considered as parameters in this model. The preemption of activities ...

Virtual power plant (VPP) is an effective approach to aggregate distributed generation resources under a central control. This paper introduces a mixed-integer linear programming model for optimal scheduling of the internal resources of a large scale VPP in order to maximize its profit. The proposed model studies the effect of a demand response (DR) program on the scheduling of the VPP. The pro...