Planning maintenance of power generating equipment in market environment with regard for reliability

An approach to the annual scheduling of maintenance of the generating equipment of power systems was proposed. Descriptive formulation of the problem and mathematical model of its solution were given with regard for the operational conditions of the deregulated power systems and maintenance of the power equipment in the market environment. The maintenance schedule was optimized by the criterion for maximum profit of the generating company. Penalty on the generating company for violation of the treaty commitments to deliver electrical energy and power to the market network because of the maintenance of the generating equipment was included in the objective function, which enables one to coordinate the interests of the generating company and other market subjects.