Dispatchability of renewable energy sources and inflexible loads can be achieved using a volatility-compensating energy storage. However, as the future power outputs of the inflexible devices are uncertain, the computation of a dispatch schedule for such aggregated systems is non-trivial. In the present paper, we propose a novel scheduling method that enforces the feasibility of the dispatch schedule with a pre-determined probability based on a description of the operation of the system as a two-stage decision process. Thereby, a crucial point is the use of probabilistic forecasts, in terms of cumulative density function, of the inflexible energy consumption/production profile. Then, for the sake of comparison, we introduce a second scheduling method based on state-of-the-art scenario optimization, where, unlike the proposed method, the focus is on the minimization of the expected final cost. We draw upon simulations based on real consumption and production data to compare the methods and illustrate our findings.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.