Optimization strategies for hydro energy storage plants. (English) Zbl 0536.90045
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.
MSC:
| 90B99 | Operations research and management science |
| 90C90 | Applications of mathematical programming |
| 90C30 | Nonlinear programming |
| 90C39 | Dynamic programming |
Keywords:
electric power management; base load production; hydro energy storage plants; simulation; homotopy method; active index set strategy; decompositionReferences:
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