2016
DOI: 10.1109/tpwrs.2015.2410301
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Stochastic Optimization of Sub-Hourly Economic Dispatch With Wind Energy

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Cited by 86 publications
(40 citation statements)
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“…The SO-based approach introduced as early as Dantzig [7] relies on pre-sampling discrete scenarios of the uncertainty realizations [8,9] via presumed probability distribution functions (PDFs) of uncertainty parameters and tries to compute a solution which optimizes the expected value of the objective function. Representative researches include stochastic security-constrained unit commitment (SCUC) [8], [10,11], stochastic ED [12,13], DR dispatch [14,15], stochastic optimal power flow (OPF) [16,17], and stochastic electric vehicle (EV) charging [18,19]. But the SO-based approach still has practical limitations in its application to large scale power systems.…”
Section: Introductionmentioning
confidence: 99%
“…The SO-based approach introduced as early as Dantzig [7] relies on pre-sampling discrete scenarios of the uncertainty realizations [8,9] via presumed probability distribution functions (PDFs) of uncertainty parameters and tries to compute a solution which optimizes the expected value of the objective function. Representative researches include stochastic security-constrained unit commitment (SCUC) [8], [10,11], stochastic ED [12,13], DR dispatch [14,15], stochastic optimal power flow (OPF) [16,17], and stochastic electric vehicle (EV) charging [18,19]. But the SO-based approach still has practical limitations in its application to large scale power systems.…”
Section: Introductionmentioning
confidence: 99%
“…Lastly, we evaluated the computation time required to solve the optimization problem, which is quite important because short-term unit commitment (STUC) is conducted in the hours prior to real-time operation in today's power systems [24]. The computational times of the proposed method and the conventional one are shown in Table 6.…”
Section: Numerical Resultsmentioning
confidence: 99%
“…The constraints, Equations (23)- (25), are related to the spinning reserve. The spinning reserve, which can be provided by generating units, are constrained by their maximum available power, Equation (23), and by their ramping capability, Equation (24). The ramp up/down limit for the generating units are expressed as Equations (26) and (27) A more detailed description of the equations can be found in [4,18].…”
Section: Constraintsmentioning
confidence: 99%
“…The state of the art in renewable energy integration often employs hourly time resolution for day-ahead and real-time operations [32]- [35]. Recent work by Deane et al [36] and Gangammanavar et al [37] underscores the importance of sub-hourly time resolution in accurately estimating the costs of integrating renewable energy. Bakirtzis et al [38] propose a receding horizon model with 5-minute resolution for simulating real-time operation under large-scale renewable energy integration.…”
Section: A Literature Reviewmentioning
confidence: 99%