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《Automation of Electric Power Systems》 2004-04
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ANALYSIS OF COURNOT EQUILIBRIUM IN HYDROTHERMAL POWER SYSTEM

Yuan Zhiqiang, Hou Zhijian, Jiang Chuanwen, Song Yiqun (Shanghai Jiaotong University, Shanghai 200240, China)  
Cournot model is employed to analyze multi-period Nash equilibrium strategy of suppliers for hydrothermal power system in power pool. The Cournot model of hydrothermal power system, which the minimum start-off time constraints of thermal plant and water-consuming and reservoir storage constraints of hydropower station being considered, is presented. In the mean time, one kind of iteration algorithm integrated with dynamic programming is put forward to obtain Nash equilibrium strategy of suppliers. Finally, the proposed method is tested on an IEEE-6 unit system to study the effects of different constraints on equilibrium state. The results show that some generators need to run to avoid much more losses resulting from continuous unit shutdown at the coming time even if they gain negative profit resulting from unit operating at the current time while the minimum start-off time constraints of generators are considered. The incentive is provided for the hydropower supplier withholding generation to maximize its own profit during peak load time while water-consuming constraints are considered.
【CateGory Index】: F407.6
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