The Operation Dispatch of Cogeneration Systems in the Deregulation Environment

Abstract:

In this paper, an optimal strategy was presented to solve the operation dispatch of cogeneration systems in a deregulated market. With the load demand including steam and electricity, the operational model of cogeneration system was derived by considering the bi-lateral contracts and operation constraints. The objective function is formulated the profit-maximizing problem in the searching process. Sequential Quadratic Programming (SQP) was used to solve this problem. Test results verify that SQP can offer an efficient way for cogeneration plants to meet the load growth and promoted the competed ability of cogeneration plants.

• Periodical: Applied Mechanics and Materials (Volume 590)
• Pages: 516-520
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.590.516
• Online since: June 2014
• Authors: Ming Tang Tsai*
• Keywords: Cogeneration Systems, Competitive Market, Economic Dispatch, Programming(SQP), Sequential Quadratic

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