Risk-Sensitive Energy Procurement with Uncertain Wind

We formulate a risk-sensitive forward energy procurement problem with uncertain wind generation that penalizes costs and constraint violations via conditional value at risk (CVaR). The risk-sensitive formulation allows a system operator to model her tolerance to high uncertain costs and constraint v...

Full description

Bibliographic Details

Published in:	2019 IEEE Global Conference on Signal and Information Processing (GlobalSIP) pp. 1 - 5
Main Authors:	Madavan, Avinash N., Bose, Subhonmesh
Format:	Conference Proceeding
Language:	English
Published:	IEEE 01.11.2019
Subjects:	Computational modeling Optimization Power transmission lines Procurement Uncertainty Wind power generation
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!