Application of Minimum Reward Risk Model in Reservoir Generation Scheduling

作者：Zhang, Ming^*; Yang, Fei; Wu, Jing-Xiu; Fan, Zi-Wu; Wang, Ying-Ying

来源：Water Resources Management, 2016, 30(4): 1345-1355.

DOI：10.1007/s11269-015-1218-1

• Markov decision process
• Minimum risk criteria
• Peak-clipping operation mode
• The optimal scheduling strategy
• Risk preference

Discrete time Markov decision process is studied and the minimum reward risk model is established for the reservoir long-term generation optimization. Different form the commonly used optimization criterion of best expected reward in reservoir scheduling, the probability that the expected generation of the whole period not exceeding the predete reward target to be smallest is chosen as the optimizing target for this random process. For the hydropower tends to operate as peak-clipping mode in Market-based model to gain more profits, the function of electricity price and output can be founded by analyzing on the typical day load course of the electricity system. Compared with the generally used criteria of the largest expectation power generation model, this model is fitted for the decision-making in which the risk is needed to be limited to reflect the risk preference of the policy makers. Stochastic dynamic programming method is adopted to solve the model and the model is tested on the Three Gorges Hydropower Station.

• 出版日期2016-3
• 单位河海大学; 水利部交通运输部国家能源局南京水利科学研究院