Multi-objective unit commitment (MOUC) considers concurrently both economic and environmental objectives, then finds the best trade-off with respect to these objectives. This paper proposes a novel model for MOUC, and… Click to show full abstract
Multi-objective unit commitment (MOUC) considers concurrently both economic and environmental objectives, then finds the best trade-off with respect to these objectives. This paper proposes a novel model for MOUC, and a decomposition coordination approach is presented to solve the model. The economic objective is to reduce the fuel cost while the environmental objective is to reduce the CO 2 emission. The MOUC model considers these objectives by minimizing the distance to the Utopian point, which avoids generating Pareto optimal solutions. The model is solved by a decomposition coordination approach, which decomposes the whole system into subsystems and performs an iterative process. During each iteration step, the tie-line power flow is updated based on the margin price in connected subsystems, then, each subsystem is solved by branch and bound method, and the result is improved during iterations as shown in case studies. Besides, as the process does not require uploading units parameters, it protects the privacy of generating companies. Numerical case studies conducted using the proposed multi-objective model are applied to illustrate the performance of the approach.
               
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