Optimal Scheduling of Combined Heat and Power with Electric and Thermal Storage Systems

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In this paper, linearization techniques are adopted to linearize equations and a two-stage stochastic mixed integer linear programming (SMILP) model is utilized to solve the problem to determine the optimal generation scheduling units. The first stage models the behaviour of operation parameters, minimizes the operation costs, and checks the feasibility of the ICs’ requested firm and non-firm IZPEs, while the second stage considers system’s stochastic contingency scenarios. The competitiveness of ADN in the deregulated market can be improved by adjusting the proposed decision variables in the two-stage optimization procedure.

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