A common method of modeling the operation of
power plants in competitive electricity markets is mixed integer
programing (MIP). Despite the advantages of the method, it
requires solving an NP-hard problem. Modeling all of Europe
with several thousand power plants thus would take enormous
computational power. In order to reduce problem complexity in
this large scale system, while still including detailed behavior of
individual plants, we develop an approach where MIP is applied
only to focus regions that are analyzed in detail combined with
a linear programming model (LP) of all other regions. This
combination allows for the prediction of impacts of renewable
integration all over Europe on individual power plants in
Germany. The results indicate that operational hours of thermal
power plants will go down significantly, while the number
of start-ups will increase. In order to avoid curtailments of
renewable power,
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A common method of modeling the operation of
power plants in competitive electricity markets is mixed integer
programing (MIP). Despite the advantages of the method, it
requires solving an NP-hard problem. Modeling all of Europe
with several thousand power plants thus would take enormous
computational power. In order to reduce problem complexity in
this large scale system, while still including detailed behavior of
individual plants, we develop an approach where MIP is applied
only to fo...
»