Unit Commitment Problem with Energy Storage Under Correlated Renewables Uncertainty

References

• Aminifar F, Fotuhi-Firuzabad M, Shahidehpour M (2009) Unit commitment with probabilistic spinning reserve and interruptible load considerations. IEEE Trans. Power Systems 24(1):388–397.Crossref, Google Scholar
• Asamov T, Powell WB (2018) Regularized decomposition of high-dimensional multistage stochastic programs with markov uncertainty. SIAM J. Optim. 28(1):575–595.Crossref, Google Scholar
• BBC News (2020) Britain goes coal free as renewables edge out fossil fuels. Accessed March 13, 2021, https://www.bbc.com/news/science-environment-52973089.Google Scholar
• Coordinador Eléctrico Nacional (2021) Estudio de control de frecuencia y determinación de reservas. Accessed July 11, 2021, https://www.coordinador.cl/wp-content/uploads/2021/06/Estudio-CFyDR-2021-Parte-1-Informe-Final.pdf.Google Scholar
• Cordera F, Moreno R, Ordoñez F (2023) Data repository for the Chilean electricity system. Accessed February 11, 2023, https://tinyurl.com/4b78mk6f.Google Scholar
• Cordera F, Olivares M, Ordoñez F (2021). An importance sampling approach for stochastic dual dynamic programming with correlated uncertainty. Accessed March 31, 2021, http://www.dii.uchile.cl/∼fordon/docs/Corderaetal_IS_SDDP.pdf.Google Scholar
• De Queiroz AR, Morton DP (2013) Sharing cuts under aggregated forecasts when decomposing multi-stage stochastic programs. Oper. Res. Lett. 41(3):311–316.Crossref, Google Scholar
• edie (2021) UK’s coal power spikes amid cold snap, despite ‘greenest year on record’ for electricity in 2020. Accessed March 13, 2021, https://bit.ly/3fkzWOv.Google Scholar
• Glynn PW, Iglehart DL (1989) Importance sampling for stochastic simulations. Management Sci. 35(11):1367–1392.Link, Google Scholar
• Guo Z, Wei W, Shahidehpour M, Wang Z, Mei S (2022) Optimisation methods for dispatch and control of energy storage with renewable integration. IET Smart Grid 5(3):137–160.Crossref, Google Scholar
• Illinois Institute of Technology (2003) Index of data. Accessed August 30, 2020, https://motor.ece.iit.edu/data/.Google Scholar
• Infanger G, Morton DP (1996) Cut sharing for multistage stochastic linear programs with interstage dependency. Math. Programming 75(2):241–256.Crossref, Google Scholar
• Jiang R, Wang J, Guan Y (2011) Robust unit commitment with wind power and pumped storage hydro. IEEE Trans. Power Systems 27(2):800–810.Crossref, Google Scholar
• Löhndorf N, Shapiro A (2019) Modeling time-dependent randomness in stochastic dual dynamic programming. Eur. J. Oper. Res. 273(2):650–661.Crossref, Google Scholar
• Ministerio de Energía (2021) Gobierno de Chile. Accessed March 15, 2021, https://energia.gob.cl/pelp/proyeccion-y-emisiones.Google Scholar
• Morales-España G, Lorca Á, de Weerdt MM (2018) Robust unit commitment with dispatchable wind power. Electric Power Systems Res. 155:58–66.Crossref, Google Scholar
• Papavasiliou A, Oren SS (2013) Multiarea stochastic unit commitment for high wind penetration in a transmission constrained network. Oper. Res. 61(3):578–592.Link, Google Scholar
• Papavasiliou A, Mou Y, Cambier L, Scieur D (2017) Application of stochastic dual dynamic programming to the real-time dispatch of storage under renewable supply uncertainty. IEEE Trans. Sustainable Energy 9(2):547–558.Crossref, Google Scholar
• Pereira MV (1989) Optimal stochastic operations scheduling of large hydroelectric systems. Internat. J. Electric Power Energy Systems 11(3):161–169.Crossref, Google Scholar
• Philpott AB, De Matos VL (2012) Dynamic sampling algorithms for multi-stage stochastic programs with risk aversion. Eur. J. Oper. Res. 218(2):470–483.Crossref, Google Scholar
• Pinson P (2013) Wind energy: Forecasting challenges for its operational management. Statist. Sci. 28(4):564–585.Crossref, Google Scholar
• PJM (2020) PJM solar forecast 2020. Accessed March 13, 2021, https://www.pjm.com/-/media/committees-groups/subcommittees/las/2020/20201130/20201130-item-03a-ihs-markit-pjm-solar-forecast.ashx.Google Scholar
• Ruiz PA, Philbrick CR, Zak E, Cheung KW, Sauer PW (2009) Uncertainty management in the unit commitment problem. IEEE Trans. Power Systems 24(2):642–651.Crossref, Google Scholar
• Shapiro A (2003) Inference of statistical bounds for multistage stochastic programming problems. Math. Methods Oper. Res. 58(1):57–68.Crossref, Google Scholar
• Shapiro A, Tekaya W, da Costa JP, Soares MP (2013) Risk neutral and risk averse stochastic dual dynamic programming method. Eur. J. Oper. Res. 224(2):375–391.Crossref, Google Scholar
• Shiina T, Birge JR (2004) Stochastic unit commitment problem. Internat. Trans. Oper. Res. 11(1):19–32.Crossref, Google Scholar
• Silva V (2010) Value of flexibility in systems with large wind penetration. PhD dissertation, Imperial College London, London.Google Scholar
• Sioshansi R, O’Neill R, Oren SS (2008) Economic consequences of alternative solution methods for centralized unit commitment in day-ahead electricity markets. IEEE Trans. Power Systems 23(2):344–352.Crossref, Google Scholar
• Tokdar ST, Kass RE (2010) Importance sampling: A review. Wiley Interdisciplinary Rev. Comput. Statist. 2(1):54–60.Crossref, Google Scholar
• Uçkun C, Botterud A, Birge JR (2015) An improved stochastic unit commitment formulation to accommodate wind uncertainty. IEEE Trans. Power Systems 31(4):2507–2517.Crossref, Google Scholar
• Xiong P, Jirutitijaroen P, Singh C (2016) A distributionally robust optimization model for unit commitment considering uncertain wind power generation. IEEE Trans. Power Systems 32(1):39–49.Crossref, Google Scholar
• Zéphyr L, Anderson CL (2018) Stochastic dynamic programming approach to managing power system uncertainty with distributed storage. Comput. Managment Sci. 15(1):87–110.Crossref, Google Scholar
• Zheng QP, Wang J, Liu AL (2014) Stochastic optimization for unit commitment—A review. IEEE Trans. Power Systems 30(4):1913–1924.Crossref, Google Scholar
• Zou J, Ahmed S, Sun XA (2018) Multistage stochastic unit commitment using stochastic dual dynamic integer programming. IEEE Trans. Power Systems 34(3):1814–1823.Crossref, Google Scholar
• Zou J, Ahmed S, Sun XA (2019) Stochastic dual dynamic integer programming. Math. Programming 175(1):461–502.Crossref, Google Scholar