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Economic-Reliability Risk-Constrained Scheduling for Resilient-Microgrids Considering Demand Response Actions

Title
Economic-Reliability Risk-Constrained Scheduling for Resilient-Microgrids Considering Demand Response Actions
Type
Article in International Conference Proceedings Book
Year
2019
Authors
Mostafa Vahedipour-Dahraie
(Author)
Other
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Homa Rashidizadeh-Kermani
(Author)
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Miadreza Shafie-khah
(Author)
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Mohamed Lotfi
(Author)
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Authenticus ID: P-00S-1CV
Abstract (EN): In this paper, a risk-constrained optimal scheduling framework is proposed for an economic and reliable operation of microgrids. The framework is developed based on a scenario-based optimization technique, to schedule the microgrid operation both in normal and islanding modes. The prevailing uncertainties of islanding duration as well as prediction errors of loads, market prices and renewable power generation are addressed in the scheduling problem. The effect of participation of customers in demand response (DR) programs is investigated on economic-reliable operating solutions. Also, the uncertainties associated with wind power, loads and electricity prices as well as the uncertainties of islanding duration events of the microgrid are modeled, properly. The optimal scheduling carried out through a unit commitment algorithm and an AC power flow procedure by considering system's objectives and constraints. Moreover, to adequately handle the uncertainties of the problem, conditional value-at-risk (CVaR) metric is incorporated into the optimization model to evaluate the profit risk associated with operator's decisions in different conditions. With the proposed model, the impacts of DR actions, in terms of economy and reliability, are investigated with a 400 V microgrid system.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 6
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