2012
DOI: 10.1007/s10479-012-1110-9
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Stochastic optimization for power system configuration with renewable energy in remote areas

Abstract: This paper presents the first stochastic mixed integer programming model for a comprehensive hybrid power system design, including renewable energy generation, storage device, transmission network, and thermal generators, in remote areas. Given the computational complexity of the model, we developed a Benders' decomposition algorithm with Pareto-optimal cuts. Computational results show significant improvement in our ability to solve this type of problem in comparison to a state-of-the-art professional solver. … Show more

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Cited by 49 publications
(26 citation statements)
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“…When P avai (t) < P L (t), the reliability analysis is significant. There are various methods for carrying out the reliability analysis: the LPSP, defined as Equation (19), is one of the widely-used methodologies for this purpose.…”
Section: Reliabilitymentioning
confidence: 99%
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“…When P avai (t) < P L (t), the reliability analysis is significant. There are various methods for carrying out the reliability analysis: the LPSP, defined as Equation (19), is one of the widely-used methodologies for this purpose.…”
Section: Reliabilitymentioning
confidence: 99%
“…(c) Solving algorithm: Many authors have investigated some classical algorithms for sizing stand-alone hybrid systems based on renewable sources and storage devices [8,[18][19][20]. In [18], a nonlinear programming has been used to find the optimal sizing and location of grid-connected wind turbines based on the simulation of various scenarios.…”
Section: Introductionmentioning
confidence: 99%
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“…On the other hand dynamic programming (usually involving quantization) and mixed integer algorithms can help to find the expected cost benefit of charging at specific times [19]. Finally there are a number of industry specific approaches coming from operations research, that deal with the question of optimal load shifting and scheduling using a limited capacity [20][21]. However, the complexity is significant, and while such approaches may be worthwhile for the management of large storage elements such as pumped-storage hydroelectric machines, they are not suitable for domestic applications at this point.…”
Section: Stochastic Pricesmentioning
confidence: 99%
“…Extending the main utility grids to these remote locations is possible, but not cost effective [1][2]. Hence, electricity is usually provided to these remote areas through stand-alone power systems.…”
Section: Introductionmentioning
confidence: 99%