2018
DOI: 10.1109/tpwrs.2018.2809431
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Flexible Look-Ahead Dispatch Realized by Robust Optimization Considering CVaR of Wind Power

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Cited by 73 publications
(27 citation statements)
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“…Step2: Linearize the risk cost using the method in [22], and obtain a transformed objective function.…”
Section: Solution Methodsmentioning
confidence: 99%
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“…Step2: Linearize the risk cost using the method in [22], and obtain a transformed objective function.…”
Section: Solution Methodsmentioning
confidence: 99%
“…, respectively. Constraint(22) ensures that the storage units do not input and output simultaneously in any time period. Constraints(23)-(24) depict the limits of upward flexible reserve capacity of storage units.…”
mentioning
confidence: 99%
“…In the objective function (14), the first term is the operational cost, including the generation cost and reserve capacity cost, and the second term Z r is the worst-case expectation operational risk cost. ( 15) and ( 16) ensure the active and reactive power balance at the base case where wind power exactly matches the expected value.…”
Section: Risk-based Distributionally Robust Optimization Modelmentioning
confidence: 99%
“…However, in the aforementioned RObased approaches, the PD information of uncertainties is not well regarded in the optimization, which may cause suboptimal decisions. To overcome the shortage, some literatures, e.g., [14], [15], try to incorporate PD information into RO. However, they all share the similar drawback with SP.…”
Section: Introductionmentioning
confidence: 99%
“…However, there still exist many problems, such as the subjective selection of membership functions, the need for a large amount of sample data, the limited number of scenarios for which results are obtained, the complexity of multi-scene description uncertainty, and others, and it is difficult to ensure the efficiency and accuracy of solutions. The theoretical framework of robust economic dispatch of power systems is proposed from the perspective of robust optimization, which opens up a new idea for power uncertainty modeling [18][19][20] .…”
Section: Introductionmentioning
confidence: 99%