This paper presents a forward recursive procedure to calculate the expected system marginal cost curve (EMC). The EMC formulation allows for multi-state and multi-block dispatch of generating units and is used to determine the optimal energy of pumped-storage units. A new approach is developed to compute the first and second derivatives of the expected generation energy of a thermal unit with r...

The electric market regulation in Spain (MIBEL) establishes the rules for bilateral and futures contracts in the day-ahead optimal bid problem. Our model allows a price-taker generation company to decide the unit commitment of the thermal units, the economic dispatch of the bilateral and futures contracts between the thermal units and the optimal sale bids for the thermal units observing the MI...

This study addresses a stochastic structure for generation companies (GenCoʼs) that participate in hydro-thermal self-scheduling with a wind power plant on short-term scheduling for simultaneous reserve energy and energy market. In stochastic scheduling of HTSS with a wind power plant, in addition to various types of uncertainties such as energy price, spinning /non-spinning reserve prices, unc...

The physical mechanisms of entropy generation in a condenser with high fractions of noncondensable gases are examined using scaling and boundary layer techniques, with the aim of defining a criterion for minimum entropy generation rate that is useful in engineering analyses. This process is particularly relevant in humidification-dehumidification desalination systems, where minimizing entropy g...

In this study, the thermal performance analysis of porous fin with temperature-dependent thermal conductivity and internal heat generation is carried out using Haar wavelet collocation method. The effects of various parameters on the thermal characteristics of the porous fin are investigated. It is found that as the porosity increases, the rate of heat transfer from the fin increases and the th...

Numerical analysis of global heat transfer with coupled thermal radiation and heat conduction is investigated in Czochralski silicon crystal growth furnace with curved diffuse and specular surfaces. The ®nite element method and the radiation element method are adopted to solve the global heat transfer and the radiative heat exchange, respectively. The emphasis focuses on the discussion of the i...

As renewable energy increasingly penetrates into power grid systems, new challenges arise for system operators to keep the systems reliable under uncertain circumstances, while ensuring high utilization of renewable energy. This paper presents unit commitment (UC) which takes into account the volatility of wind power generation. The UC problem is solved with the forecasted intermittent wind pow...

The present paper discusses the development of a performance model of power generation system of a thermal plant for performance evaluation using Markov technique and probabilistic approach. The study covers two areas: development of a predictive model and evaluation of performance with the help of developed model. The present system of thermal plant under study consists of four subsystems with...