the proposed method, the profit maximization problem is transformed into a minimization problem that can be solved by a traditional hydro-thermal unit commitment program after implementing a few modifications. The paper describes t he modifications introduced in a unit commitment program based on the Lagrangian relaxation approach and on a disaggregated Bundle method for the solution of the dua...

Due to its relatively high total energy eeciency, the application of cogeneration is attracting increased attention. Today cogeneration is an essential element in the energy supply system in many countries, and when environmental and economic aspects are considered too, it seems to be a relevant option in expansion planning in many situations. The present paper presents a quite general and yet ...

This article introduces modern optimization models and solution methods for two fundamental decision making problems in electric power system operations, the optimal power flow (OPF) problem and the unit commitment (UC) problem. The article surveys some of the most recent advances, including global optimization techniques for exact solution of the OPF problem, adaptive robust optimization model...

Deregulation process has created an intense competition with the participation of many generating companies (GENCOs) in a power market. Wholesale transactions (bids and offer) have to be cleared and settled in a shorter duration. Therefore, this necessitates for the system operator to quick and smarter decisions. In this problem formulation, profit based unit commitment (PBUC) problem aims in m...

The solution of single-objective unit commitment problems for generation companies participating in deregulated markets may not directly be implementable mainly because of neglecting some conflicting secondary objectives arising from policy-making at internal/external environment. Benefiting an efficient multi-objective approach to improve the applicability of price-based unit commitment soluti...

Combined cooling, heat, and power (CCHP) units can be integrated with conventional separate cooling, heat, and power production units to meet demands. The goal of this study is to develop and examine a hybrid GA-heuristic optimization algorithm for solving the unit commitment problem for integrated CCHP-thermal-heat only system with considerations for electricity boiler. When environmental emis...

This paper proposes a practical approach for profit-based unit commitment (PBUC) with emission limitations. Under deregulation, unit commitment has evolved from a minimum-cost optimisation problem to a profit-based optimisation problem. However, as a consequence of growing environmental concern, the impact of fossil-fuelled power plants must be considered, giving rise to emission limitations. T...

Unit commitment (UC) is to determine the optimal unit status and generation level during each time interval of the scheduled period. The purpose of UC is to minimize the total generation cost while satisfying system demand, reserve requirements, and unit constraints. Among the UC constraints, an adequate provision of reserve is important to ensure the security of power system and the fast-respo...