Wind-Thermal Generation Coordination in a Deregulated Electricity Market

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@article{1704829,
      author = {Olurotimi Olakunle Awodiji, Olukemi Roseline Awodiji},
      title = {Wind-Thermal Generation Coordination in a Deregulated Electricity Market},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {7},
      number = {1},
      pages = {47-52},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704829.pdf},
      abstract = {Many counties are advancing down the road of electricity privatization, deregulation and competition as a solution to their electricity demand and challenges. The increase in integration of renewable energy in to the deregulated electricity market by the independent power producers poses a great challenge to the traditional economic load dispatch method used by the system operator. Therefore, development of improved and faster economic dispatch is necessary to determine the optimal dispatch scheme that can integrate wind reliably and efficiently. In this paper, Differential Evolution (DE) is utilized to coordinate the wind ?thermal generation dispatch and to minimize the total production cost in the economic dispatch considering wind and thermal generation with transmission losses. Three generating units incorporating one wind power plant is used for numerical simulations. Different simulation scenarios with and without wind power production are simulated and the results shows that DE is capable of solving the coordination scheduling of wind-thermal in a deregulated electricity market.},
      keywords = {Deregulation, Differential Evolution, Economic Load Dispatch and Quadratic Cost Function},
      month = {July},
  }