Optimal Self-Scheduling of a Tidal Power Plant

This paper considers the optimal operation of a tidal power producer. Different generating cycles for the tidal power plant are considered. The paper provides a tool for self-scheduling of the tidal power producer so that the maximum profit from selling energy in an electricity market is achieved, while meeting all technical operating constraints of the tidal power plants. The formulation provided is also valid in a centralized operation framework; the only change needed is to define a different cost-related objective function. The resulting optimization problem, which is mixed-integer and linear, is solved using commercially available software. Results from realistic simulations are reported and analyzed.