paper-with-me

홈 › Papers

Risk-Averse Resilient Operation of Electricity Grid Under the Risk of Wildfire

2024-08-28 · Muhammad Waseem, Arash F. Soofi, Saeed D. Manshadi

Wildfires and other extreme weather conditions due to climate change are stressing the aging electrical infrastructure. Power utilities have implemented public safety power shutoffs as a method to mitigate the risk of wildfire by proactively de-energizing some power lines, which leaves customers without power. System operators have to make a compromise between de-energizing of power lines to avoid the wildfire risk and energizing those lines to serve the demand. In this work, with a quantified wildfire ignition risk of each line, a resilient operation problem is presented in power systems with a high penetration level of renewable generation resources. A two-stage robust optimization problem is formulated and solved using column-and-constraint generation algorithm to find improved balance between the de-energization of power lines and the customers served. Different penetration levels of renewable generation to mitigate the impact of extreme fire hazard situations on the energization of customers is assessed. The validity of the presented robust optimization algorithm is demonstrated on various test cases.

📄 PDF Abstract BibTeX arXiv:2408.15774

Code (0)

등록된 구현이 없습니다.

Similar Papers 제목 키워드 기반

A Risk-Averse Just-In-Time Scheme for Learning-Based Operation of Microgrids with Coupled Electricity-Hydrogen-Ammonia under Uncertainties

2024-10-27 · Longyan Li, Chao Ning, Guangsheng Pan, Leiqi Zhang 외

This paper proposes a Risk-Averse Just-In-Time (RAJIT) operation scheme for Ammonia-Hydrogen-based Micro-Grids (AHMGs) to boost electricity-hydrogen-ammonia coupling under uncertainties. First, an off-grid AHMG model is …

Risk aversion in flexible electricity markets

2021-10-08 · Thomas Möbius, Iegor Riepin, Felix Müsgens, Adriaan H. van der Weijde

Flexibility options, such as demand response, energy storage and interconnection, have the potential to reduce variation in electricity prices between different future scenarios, therefore reducing investment risk. Moreo…

Conformal Uncertainty Quantification of Electricity Price Predictions for Risk-Averse Storage Arbitrage

2024-12-10 · Saud Alghumayjan, Ming Yi, Bolun Xu

This paper proposes a risk-averse approach to energy storage price arbitrage, leveraging conformal uncertainty quantification for electricity price predictions. The method addresses the significant challenges posed by th…

Uncertainty Quantification

Sensitivity Analyses of Resilience-oriented Risk-averse Active Distribution Systems Planning

2022-11-25 · Abodh Poudyal, Anamika Dubey

This paper presents sensitivity analyses of resilience-based active distribution system planning solutions with respect to different parameters. The distribution system planning problem is formulated as a two-stage risk-…

SensitivityStochastic Optimization

Contract design in electricity markets with high penetration of renewables: A two-stage approach

2022-01-24 · Arega Getaneh Abate, Rossana Riccardi, Carlos Ruiz

The interplay between risk aversion and financial derivatives has received increasing attention since the advent of electricity market liberalization. One important challenge in this context is how to develop economicall…