Electric Power Generation Optimization with Markowitz Model

Janne Deivy Ticoh, Cherys Fomy Laloan

2018

Abstract

Factors of economic growth, the growth of the population and the global warming issue require that electricity providers must be able to provide electrical power energy with a high-reliability factor. The duration of extinguishing and how often blackouts are a measure of the reliability of an electric power system. Diversification of the types and sources of electrical energy as a way to ensure the availability of electrical energy in the form of parallel work of power generation systems. The existence of a variety of constraints on each generation system so that a special method is needed to be able to regulate the operation variation/scheduling to provide electricity for consumers. This journal discusses the optimization method of the portfolio of electric energy generation systems using the Markowitz model. This model provides an optimum value for the variation of the power plant system at each time indicated by an efficient frontier curve. Every optimum combination of plants that might be on the frontier efficient curve line.

Paper Citation

in Harvard Style

Ticoh J. and Laloan C. (2018). Electric Power Generation Optimization with Markowitz Model.In Proceedings of the 7th Engineering International Conference on Education, Concept and Application on Green Technology - Volume 1: EIC, ISBN 978-989-758-411-4, pages 279-285. DOI: 10.5220/0009009702790285

in Bibtex Style

@conference{eic18,
author={Janne Deivy Ticoh and Cherys Fomy Laloan},
title={Electric Power Generation Optimization with Markowitz Model},
booktitle={Proceedings of the 7th Engineering International Conference on Education, Concept and Application on Green Technology - Volume 1: EIC,},
year={2018},
pages={279-285},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009009702790285},
isbn={978-989-758-411-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th Engineering International Conference on Education, Concept and Application on Green Technology - Volume 1: EIC,
TI - Electric Power Generation Optimization with Markowitz Model
SN - 978-989-758-411-4
AU - Ticoh J.
AU - Laloan C.
PY - 2018
SP - 279
EP - 285
DO - 10.5220/0009009702790285