Auction price-based thermal unit maintenance scheduling by reactive tabu search

Hiroki Tajima, Junjiro Sugimoto, Toshihisa Funabashi, Ryuichi Yokoyama

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    This paper presents an improved both profit and cost based maintenance scheduling approach by using Reactive Tabu search (RTS) in competitive environment. In competitive power markets, electricity prices are determined by balance between demand and supply in electric power exchanges or bilateral contracts. So it is essential for system operation planners and market participants to take the volatility of electricity price into consideration. In the proposed maintenance scheduling method, the optimal combinatorial maintenance-scheduling problem is solved by using Reactive Tabu Search in the light of the electricity prices trend. This method proposes a new objective function by which the most profitable maintenance schedule would be attained. As an objective function, opportunity Loss of Maintenance (OLM) is adopted to maximize the profit of Generation Companies (GENCOS). Finally, the proposed maintenance scheduling is applied to a practical power system test model to verify the advantages and effectiveness of the method.

    Original languageEnglish
    Title of host publication41st International Universities Power Engineering Conference, UPEC 2006, Conference Procedings
    Pages421-425
    Number of pages5
    Volume2
    DOIs
    Publication statusPublished - 2006
    Event41st International Universities Power Engineering Conference, UPEC 2006 - Newcastle upon Tyne
    Duration: 2006 Sep 62006 Sep 8

    Other

    Other41st International Universities Power Engineering Conference, UPEC 2006
    CityNewcastle upon Tyne
    Period06/9/606/9/8

    Keywords

    • Bilateral contract
    • Maintenance scheduling
    • Opportunity Loss of Maintenance(OLM)
    • Reactive tabu search

    ASJC Scopus subject areas

    • Energy Engineering and Power Technology

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  • Cite this

    Tajima, H., Sugimoto, J., Funabashi, T., & Yokoyama, R. (2006). Auction price-based thermal unit maintenance scheduling by reactive tabu search. In 41st International Universities Power Engineering Conference, UPEC 2006, Conference Procedings (Vol. 2, pp. 421-425). [4218719] https://doi.org/10.1109/UPEC.2006.367512