Working Paper Article Version 1 This version is not peer-reviewed

A Method for Calculation of a Hydro Resource Price Using the Operational Features of a Hydropower Plant

Version 1 : Received: 13 June 2021 / Approved: 15 June 2021 / Online: 15 June 2021 (11:35:48 CEST)

How to cite: Sekretarev, Y.A.; Myateg, T.V.; Atamanova, O.S.S. A Method for Calculation of a Hydro Resource Price Using the Operational Features of a Hydropower Plant. Preprints 2021, 2021060398 Sekretarev, Y.A.; Myateg, T.V.; Atamanova, O.S.S. A Method for Calculation of a Hydro Resource Price Using the Operational Features of a Hydropower Plant. Preprints 2021, 2021060398

Abstract

The In this paper, a universal method has been developed, which is a combination of an optimization method and a method for assessing the marginal utility. At present, the problem of optimal load distribution in the power system between a hydropower plant (HPP) and thermal power plants (TPP) is solved using the equality of the differential incremental rate characteristics of fuel consumption at TPP and water consumption at HPP by the Lagrangian multiplier method. In this case, the number of iterations can be five or more. The proposed approach is based, first of all, on the correct representation of the differential characteristics and calculation of a hydro resource price for the operational control of the HPP. Based on the comparison of water volume at a HPP and fuel amount at combined heat and power plants (CHPP) used for generation of 1 kW power, it is possible to determine a water price for a HPP. As a result of implementing the developed method for the HPP, a price of sold electricity in the flexible energy market will be comparable with the price for sold electricity produced at CHPPs, being equal to approximately 120 rubles/MW∙h.

Subject Areas

hydropower plants, optimization, hydro resource price, incremental water rate characteristic, electricity market, complex criteria of ecological-and-economic efficiency.

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our diversity statement.

Leave a public comment
Send a private comment to the author(s)
Views 0
Downloads 0
Comments 0
Metrics 0


×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.
We use cookies on our website to ensure you get the best experience.
Read more about our cookies here.