Abstract
The interdependency of electric power and natural gas systems requires co-ordinated operational planning. We propose a unit commitment model that integrates a second-order-cone relaxation of a non-convex nonlinear natural-gas flow model that considers pipeline line pack. The model is enhanced by using convex envelopes of bilinear terms, which tighten the relaxation. By fixing the binary variables at their optimal values and linearizing the natural gas-flow-balance equations around the solution that is obtained, we obtain electricity and natural gas locational marginal prices as the dual variables of electricity- and natural gas-flow-balance equations, respectively. The interdependence between these sets of prices is discussed. Numerical results from two test systems validate the solution-quality and computational-efficiency benefits of the proposed modeling methodology.
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