A mixed integer linear programming model to regulate the electricity sector View Full Text


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Article Info

DATE

2018-07

AUTHORS

Michael L. Polemis

ABSTRACT

This paper presents a mixed-integer linear programming model for the optimal long-term electricity planning of the Greek wholesale generation system. In order to capture more accurately the technical characteristics of the problem, we have divided the Greek territory into a number of individual interacted networks (geographical zones). In the next stage we solve the system of equations and provide simulation results for the daily/hourly energy prices based on the different scenarios adopted. The empirical findings reveal an inverted-M shaped curve for electricity demand in Greece, while the system marginal price curve also follows a non-linear pattern. Lastly, given the simulations results, we provide the necessary policy implications for government officials, regulators and the rest of the marketers. More... »

PAGES

183-208

Journal

Author Affiliations

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/s12076-018-0211-8

DOI

http://dx.doi.org/10.1007/s12076-018-0211-8

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1103963007


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