The Open Fuels & Energy Science Journal

2014, 7 : 94-101
Published online 2014 December 31. DOI: 10.2174/1876973X01407010094
Publisher ID: TOEFJ-7-94

Power Generation Dispatch Considering Energy Value and Environmental Protection

Yantao Wang and Xueshan Han
Key Laboratory of Power System Intelligent Dispatch and Control of Ministry of Education, Shandong University Jingshi Road, Jinan City 250061, China.

ABSTRACT

Electric power industry should play a bigger role in energy conservation and emission reduction, while the ecosystem degradation rises because of the shortage of energy, the greenhouse effect and the environmental pollution. Power generation dispatch is the key practice in electric power industry. In this paper, the value based dispatch theory is proposed, which assigns the value to the natural resources according to the social development as well as environmental and economic reasons. The goal of this theory is to maximize the energy value through the market mechanism. The implementation is discussed based on a real case.

Keywords:

Energy value, power system, power generation dispatch, value based dispatch.