Print Email Facebook Twitter A bidding mechanism for maintenance of generation units considering inter-ISO power exchange Title A bidding mechanism for maintenance of generation units considering inter-ISO power exchange Author Fu, J. (TU Delft Team Bart De Schutter) Nunez, Alfredo (TU Delft Railway Engineering) De Schutter, B.H.K. (TU Delft Team Bart De Schutter) Date 2023 Abstract To ensure the reliability of power systems, the independent system operator (ISO) manages the planning process of the maintenance of generation units for generation companies (GENCOs). This paper focuses on a widely studied two-layer long-term predictive maintenance decision making framework in a deregulated environment. In the first layer the ISO-wide maintenance schedule is optimized for the GENCOs, targeting minimal total maintenance cost and degradation statuses. In the second layer, a bidding mechanism is designed for GENCOs who are not satisfied with the time slots scheduled by the first layer, so that they can bid for their preferred time slots. A novel bidding mechanism for the host ISO (i.e., the ISO that manages the maintenance planning process) is proposed, called interchangeable bidding mechanism for maintenance (IBMM). In this mechanism, the GENCOs of the host ISO can use their bid price to purchase the supportive energy from the GENCOs of the neighbor ISOs. Furthermore, they also can pay a penalty fee for reducing the amount of energy transmitted from the host ISO to the neighbor ISO with respect to what has been stipulated in the long-term inter-ISO power exchange contract. IBMM provides more opportunities for GENCOs of the host ISO to obtain their preferred maintenance time slots. Additionally, the power system reliability can be ensured. IBMM is formulated as a mixed-integer non-linear bidding programming problem. Then, the bidding programming problem is recast into a mixed-integer second-order cone programming (MISOCP) problem that can be solved using Gurobi. In the case study, the IEEE 118-bus network is studied to illustrate the performance of the proposed bidding strategy. Subject Generation unit maintenanceInter-ISO energy exchangeMaintenance bidding mechanismMixed-integer non-linear programming problem To reference this document use: http://resolver.tudelft.nl/uuid:0c56b2c3-0e1d-43d7-a4a4-a1985fbe6f11 DOI https://doi.org/10.1016/j.ijepes.2022.108595 ISSN 0142-0615 Source International Journal of Electrical Power & Energy Systems, 144 Part of collection Institutional Repository Document type journal article Rights © 2023 J. Fu, Alfredo Nunez, B.H.K. De Schutter Files PDF 1_s2.0_S0142061522005919_main.pdf 1.05 MB Close viewer /islandora/object/uuid:0c56b2c3-0e1d-43d7-a4a4-a1985fbe6f11/datastream/OBJ/view