Uncertainty management in decision-making in power system operation

Mohammad Hemmati, Behnam Mohammadi-Ivatloo, Alireza Soroudi

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

Abstract

Due to the penetration of renewable energy resources and load deviation, uncertainty handling is one of the main challenges for power system; therefore the need for accurate decision-making in a power system under the penetration of uncertainties is essential. However, decision makers should use suitable methods for uncertainty management. In this chapter, some of the uncertainty modeling methods in power system studies are analyzed. At first, multiple uncertain parameters that the power system deals with are introduced, then some useful uncertainty modeling methods are introduced. To show the uncertainty modeling process and its effect on the decision-making, a microgrid consisting of multiple uncertain parameters is considered, and stochastic scenario-based approach is used for uncertainty modeling. The scheduling of microgrids in the presence of different types of uncertainty is solved from the profit-maximization point of view. The simulation results are presented for a 33-bus microgrid that shows the effectiveness of the proposed method for decision-making under high level of uncertainty.

Original languageEnglish
Title of host publicationDecision making applications in modern power systems
EditorsShady H.E. Abdel Aleem, Ahmed F. Zobaa, Almoataz Youssef Abdelaziz, Ramesh Bansal
PublisherAcademic Press
Publication date1. Jan 2019
Pages41-62
Chapter2
ISBN (Print)9780128164457
ISBN (Electronic)9780128164457
DOIs
Publication statusPublished - 1. Jan 2019
Externally publishedYes

Keywords

  • Decision-making
  • Microgrid
  • Modern power system
  • Stochastic programming
  • Uncertainty

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