The implementation of an energy brokerage system using linear programming

Journal Article · Fri Jan 31 23:00:00 EST 1992 · IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States)

DOI:https://doi.org/10.1109/59.141691· OSTI ID:5581513

Fahd, G ^[1]; Richards, D A ^[2]; Sheble, G B ^[3]

---

1. Dept. of Electrical Engineering, Auburn Univ., AL (US)
2. Alabama Power Co., Birmingham, AL (US)
3. Dept. of Electrical Engineering, Iowa State Univ., Ames, IA (US)

The function of an energy brokerage system is to establish interchange schedules between participating utilities in such a manner as to maximize the resulting savings. There are several existing brokerage methods that are currently in use which act to determine an optimal schedule of transfers. This paper presents a brokerage system that uses Linear Programming (LP) to maximize the savings or profits to each utility subject to import and export constraints. The cost quotations can also be determined using a LP formulation. This method is useful since it provides an uncomplicated means of scheduling energy transfers that is fast, versatile, and efficient.

• OSTI ID: 5581513
• Journal Information: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States), Journal Name: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States) Vol. 7:1; ISSN ITPSE; ISSN 0885-8950
• Country of Publication: United States
• Language: English

Related Subjects

24 POWER TRANSMISSION AND DISTRIBUTION
240100* -- Power Systems-- (1990-)
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000 -- Energy Planning & Policy-- Electric Power
CALCULATION METHODS
ECONOMICS
ENERGY SUPPLIES
LINEAR PROGRAMMING
OPERATION
OPTIMIZATION
POWER SYSTEMS
POWER TRANSMISSION
PROFITS
PROGRAMMING
PUBLIC UTILITIES
SCHEDULES
SENSITIVITY ANALYSIS