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2020-11-02
Carvalho, Martha R, Bezerra, Bernardo, Dall'Orto, Celso, Carlos, Luiz, Rosenblatt, Jose, Veiga, Mario.  2018.  Methodology for determining the energy deficit penalty function for hydrothermal dispatch. 2018 Simposio Brasileiro de Sistemas Eletricos (SBSE). :1—6.
The penalization of the objective function due to energy deficits is a key element for determining the operational policy of hydroelectric reservoirs. Its definition impacts not only operations, but also system expansion. Brazil historically defined these penalties with basis on a proxy of the economic deficit cost, a value in \$/MWh obtained with aid of the Input-Output Matrix. We propose an approach where these penalties are obtained in order to minimize the operation cost and cost of rationing of the system, considering a criterion of security of supply. A case study with data from the Brazilian System illustrates its application.