Abstract
This paper is concerned with the optimization of base load production of hydro energy storage plants within a given time interval at a varying tariff rate. For three real world storage plants in Austria, each of them presenting some characteristic difficulty we discuss both mathematical models and numerical techniques. Beside classical techniques as Dynamic Programming and Simulation two newly developed nonlinear optimization methods were used.
The first combines the Homotopy method with the active index set strategy, the second technique is based on decomposition and is strongly directed to the special structure of the problems.
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This paper was partially supported by the Fonds zur Förderung der österreichsichen Forschung (Nr. 3472 and Nr. 4786)
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Bauer, W., Gfrerer, H. & Wacker, H. Optimization strategies for hydro energy storage plants. Zeitschrift für Operations Research 28, B103–B131 (1984). https://doi.org/10.1007/BF01922145
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DOI: https://doi.org/10.1007/BF01922145