Probabilistic Energy and Reserve Co-Dispatch for High-Renewable Power Systems and Its Convex Reformulation

• Published in: Journal of modern power systems and clean energy Vol. 11; no. 6; pp. 1734 - 1745
• Main Authors: Shuwei Xu, Wenchuan Wu, Bin Wang, Yue Yang
• Format: Journal Article
• Language: English
• Published: IEEE 01.11.2023
• Subjects: analytical approximation; emergency control; energy and reserve dispatch; Renewable energy; stochastic optimization

This paper proposes a probabilistic energy and reserve co-dispatch (PERD) model to address the strong uncertainties in high-renewable power systems. The expected costs of potential renewable energy curtailment/load shedding are fully considered in this model, which avoids insufficient or excessive e...