Multi-Stage Distributionally Robust Stochastic Dual Dynamic Programming to Multi-Period Economic Dispatch With Virtual Energy Storage

A virtual energy storage (VES) model is proposed in this paper to accommodate renewable energy under a special market regulation. Such VESs can provide or consume electricity to the main power grid under the premise that the daily net electricity energy is balanced. Furthermore, a multi-stage distri...

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Bibliographic Details
Published in:	IEEE transactions on sustainable energy Vol. 13; no. 1; pp. 146 - 158
Main Authors:	Ding, Tao, Zhang, Xiaosheng, Lu, Runzhao, Qu, Ming, Shahidehpour, Mohammad, He, Yuankang, Chen, Tianen
Format:	Journal Article
Language:	English
Published:	Piscataway IEEE 01.01.2022 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Bending machines Computational modeling Distributionally robust optimization Dynamic programming economic dispatch Economic models Economics Electric power grids Electric power systems Electricity Electricity distribution Energy storage Linear functions Load modeling Lower bounds multi-stage stochastic programming Optimization Power consumption Power dispatch Power systems Renewable energy Renewable energy sources Robustness (mathematics) stochastic dual dynamic programming Stochastic processes Uncertainty virtual energy storage
ISSN:	1949-3029, 1949-3037
Online Access:	Get full text
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