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Renewable Energy and Economic Dispatch Integration Within the Honduras Electricity Market

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Renewable Energy and Future Power Systems

Part of the book series: Energy Systems in Electrical Engineering ((ESIEE))

Abstract

A critical aspect of power systems is the generation cost of plants in producing the electrical energy required by consumers, this cost will be finally reflected in the monthly consumption bill. A nonoptimal dispatch will produce high tariffs while a well-designed dispatch will result in the lowest generation costs and, therefore, the lowest possible tariffs. The purpose of the present study is precisely to design a strategy to find the generation plan that produces the lowest possible costs and then make a comparison between an optimal economic dispatch that considers generation and transmission without energy contracts versus the dispatch that includes the 2017 energy purchase contracts signed by the state of Honduras. To achieve this goal, this study formulates the cost equation, capacity, and transmission line constraints, and then applies the nonlinear programming techniques to solve it.

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Author information

Authors and Affiliations

  1. Universidad Tecnologica Centroamericana, Tegucigalpa, Honduras

    Pablo Meraz & Wilfredo C. Flores

  2. KU Leuven, Katholieke Universiteit Leuven, Leuven, Belgium

    Harold R. Chamorro

  3. Korea Advanced Institute of Scienceand Technology, Daejeon, Korea

    Jacobo Aguillon-Garcia

  4. University College Dublin, Dublin, Ireland

    Alireza Soroudi

  5. University of South-Eastern Norway, Porsgrunn, Norway

    Francisco Gonzalez-Longatt

  6. Institute of Technology, University of Ontario, Ontario, Canada

    Vijay K. Sood

  7. Department of Electrical Engineering (ESAT) at KU Leuven, Diepenbeek, Belgium

    Wilmar Martinez

Authors
  1. Pablo Meraz
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  2. Wilfredo C. Flores
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  3. Harold R. Chamorro
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  4. Jacobo Aguillon-Garcia
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  5. Alireza Soroudi
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  6. Francisco Gonzalez-Longatt
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  7. Vijay K. Sood
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  8. Wilmar Martinez
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Corresponding author

Correspondence to Harold R. Chamorro .

Editor information

Editors and Affiliations

  1. Department of Electrical Engineering, S. R. Group of Institutions, Jhansi, India

    Vinod Kumar Singh

  2. Department of Electrical and Electronics Engineering, Sikkim Manipal University, Rangpo, Sikkim, India

    Akash Kumar Bhoi

  3. Department of Electrical Engineering, S. R. Group of Institutions, Jhansi, India

    Anurag Saxena

  4. Department of Electrical and Electronics Engineering, Brunel University London, Uxbridge, Middlesex, UK

    Ahmed F. Zobaa

  5. Department of Electrical Engineering, O.P. Jindal Global University, Sonipat, Chhattisgarh, India

    Sandeep Biswal

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© 2021 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Meraz, P. et al. (2021). Renewable Energy and Economic Dispatch Integration Within the Honduras Electricity Market. In: Singh, V.K., Bhoi, A.K., Saxena, A., Zobaa, A.F., Biswal, S. (eds) Renewable Energy and Future Power Systems. Energy Systems in Electrical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-33-6753-1_1

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  • DOI: https://doi.org/10.1007/978-981-33-6753-1_1

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-33-6752-4

  • Online ISBN: 978-981-33-6753-1

  • eBook Packages: EnergyEnergy (R0)

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