Optimization topics related to small power producing facilities operating under energy spot pricing policies
Small Power Producing Facilities will become more and more common as the various provisions of the Public Utility Regulatory Policies Act (PURPA) are taken advantage of by utility and customers. These facilities incorporate severe features which allow the user to increase his operational flexibility with respect to the local utility. These facilities can be: local generation, local dependent generation, local energy storage facility, and shiftable load schedule. The only true control the utility has over the actual operation of such facilities is through the judicious selection of the energy prices proposed to such users both for the sale and purchase of energy. It is likely that most utilities will react to this novel user-utility relationship by implementing time-varying energy prices to better reflect their own production costs.
- Research Organization:
- Georgia Institute of Technology, School of Electrical Engineering, Atlanta, GA 30332
- OSTI ID:
- 6518079
- Journal Information:
- IEEE Trans. Power Syst.; (United States), Vol. PWRS-2:2
- Country of Publication:
- United States
- Language:
- English
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Optimum electric utility spot price determinations for small power producing facilities operating under PURPA provisions
Optimum electric utility spot price determinations for small power producing facilities operating under PURPA provisions
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