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Unit Commitment in a Federalized Power Market: A Mixed Integer Programming Approach

Author

Listed:
  • Payal Mitra

    (Elsevier, Amsterdam)

  • Soumendu Sarkar

    (Department of Economics, Delhi School of Economics)

  • Tarun Mehta

    (Centre for Energy,Environment and Water,New Delhi)

  • Atul Kumar

    (School of International Studies,Jawaharlal Nehru University, New Delhi)

Abstract

We study the features of the Indian power system and deconstruct the factors that impede its transition to more optimised market mechanisms. We also present an adaptation of unit commitment from literature, tailored to India's characteristics. Such a model enables India-like power systems to transition to state-of-the-art combinatorial optimisation solution techniques such as Mixed Integer Liner Programming. Further, by simulating the unit commitment problem for the state of Rajasthan with actual data from the year 2015-16, we demonstrate the possibility of significant savings for a central planner in procuring and scheduling adequate power to meet its demands securely. Key Words: Unit Commitment, Power Markets, Energy, Electricity, Mathematical Programming JEL Codes: C61, Q41, Q42

Suggested Citation

  • Payal Mitra & Soumendu Sarkar & Tarun Mehta & Atul Kumar, 2022. "Unit Commitment in a Federalized Power Market: A Mixed Integer Programming Approach," Working papers 323, Centre for Development Economics, Delhi School of Economics.
  • Handle: RePEc:cde:cdewps:323
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    References listed on IDEAS

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    More about this item

    Keywords

    unit commitment; power markets; energy; electricity; mathematical programming jel codes: c61; q41; q42;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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