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Dispatchability of renewable energy sources and inflexible loads can be achieved using a volatility-compensating energy storage. However, as the future power outputs of the inflexible devices are uncertain, the computation of a dispatch…

Systems and Control · Computer Science 2018-05-25 R. R. Appino , J. Á. González Ordiano , R. Mikut , V. Hagenmeyer , T. Faulwasser

In recent years, under deregulated environment, electric utility companies have been encouraged to ensure maximum system reliability through the employment of cost-effective long-term asset management strategies. To help achieve this goal,…

Computational Engineering, Finance, and Science · Computer Science 2020-07-02 Ming Dong , Alexandre B. Nassif

In this paper we present a probabilistic analysis framework to estimate behind-the-meter photovoltaic generation in real time. We develop a forward model consisting of a spatiotemporal stochastic process that represents the photovoltaic…

Systems and Control · Electrical Eng. & Systems 2020-04-23 Shaohui Liu , Daniel Adrian Maldonado , Emil M. Constantinescu

This paper proposes a method for generating typical scenarios based on system-level macroscopic characteristics of power system and considering its stability properties. First, considering uncertainties such as renewable energy generation…

Systems and Control · Electrical Eng. & Systems 2026-04-02 Tao Li , Chen Shen

The increasing penetration of embedded renewables makes forecasting net-load, consumption less embedded generation, a significant and growing challenge. Here a framework for producing probabilistic forecasts of net-load is proposed with…

Applications · Statistics 2022-10-06 Jethro Browell , Matteo Fasiolo

The high penetration of volatile renewable energy sources such as solar make methods for coping with the uncertainty associated with them of paramount importance. Probabilistic forecasts are an example of these methods, as they assist…

Machine Learning · Computer Science 2021-01-21 Vinayak Sharma , Jorge Angel Gonzalez Ordiano , Ralf Mikut , Umit Cali

In this paper, we introduce a nonparametric end-to-end method for probabilistic forecasting of distributed renewable generation outputs while including missing data imputation. Firstly, we employ a nonparametric probabilistic forecast model…

Systems and Control · Electrical Eng. & Systems 2024-04-02 Minghui Chen , Zichao Meng , Yanping Liu , Longbo Luo , Ye Guo , Kang Wang

Future grid scenario analysis requires a major departure from conventional power system planning, where only a handful of most critical conditions is typically analyzed. To capture the inter-seasonal variations in renewable generation of a…

Computers and Society · Computer Science 2017-01-13 Ruidong Liu , Gregor Verbic , Jin Ma

For the purpose of Monte Carlo scenario generation, we propose a graphical model for the joint distribution of wind power and electricity demand in a given region. To conform with the practice in the electric power industry, we assume that…

Methodology · Statistics 2021-11-30 René Carmona , Xinshuo Yang

In power system operation, characterizing the stochastic nature of wind power is an important albeit challenging issue. It is well known that distributions of wind power forecast errors often exhibit significant variability with respect to…

Data Analysis, Statistics and Probability · Physics 2017-12-05 Zhiwen Wang , Chen Shen , Feng Liu

This paper presents an analysis of the stability and quality of the distributed generation planning problem's investment solution. The entry of distributed generators power based on non-conventional energy sources has been extensively…

Systems and Control · Electrical Eng. & Systems 2021-03-31 Luis Lopez , Alvaro Gonzalez-Castellanos , David Pozo

Buildings are essential components of power grids, and their energy performance directly affects overall power system operation. This paper presents a novel stochastic optimization framework for building energy management systems, aiming to…

Systems and Control · Electrical Eng. & Systems 2025-03-12 Hossein Nourollahi Hokmabad , Tala Hemmati Shahsavar , Pedro P. Vergara , Oleksandr Husev , Juri Belikov

For short-term solar irradiance forecasting, the traditional point forecasting methods are rendered less useful due to the non-stationary characteristic of solar power. The amount of operating reserves required to maintain reliable…

Machine Learning · Computer Science 2023-08-02 Sakshi Mishra , Praveen Palanisamy

We consider some crucial problems related to the secure and reliable operation of power systems with high renewable penetrations: how much reserve should we procure, how should reserve resources distribute among different locations, and how…

Systems and Control · Electrical Eng. & Systems 2021-07-19 Jiantao Shi , Ye Guo , Lang Tong , Wenchuan Wu , Hongbin Sun

Several research studies have shown that future sustainable electricity systems, mostly based on renewable generation and storage, are feasible with current technologies and costs. However, recent episodes of extreme weather conditions,…

Systems and Control · Electrical Eng. & Systems 2023-09-26 Francisco Gutierrez-Garcia , Angel Arcos-Vargas , Antonio Gomez-Exposito

As the world shifts towards utilizing natural resources for electricity generation, there is need to enhance forecasting systems to guarantee a stable electricity provision and to incorporate the generated power into the network systems.…

Systems and Control · Electrical Eng. & Systems 2025-11-24 Ismum Ul Hossain , Mohammad Nahidul Islam

This paper introduces a generalised version of importance subsampling for time series reduction/aggregation in optimisation-based power system planning models. Recent studies indicate that reliably determining optimal electricity…

Applications · Statistics 2020-08-26 Adriaan P Hilbers , David J Brayshaw , Axel Gandy

Power systems face increasing challenges in maintaining resource adequacy due to lower operating margins, rising renewable energy uncertainty, and demand variability. Forecasting the probability distribution of peak demand on shorter…

Systems and Control · Electrical Eng. & Systems 2025-10-28 Buyi Yu , Wenyuan Tang

We formulate a method to co-optimize power system capacity planning decisions and policy investments that shape electricity load patterns. To this end, we leverage a gradient-based solution technique that enables the efficient solution of…

Systems and Control · Electrical Eng. & Systems 2026-04-17 Robert Mieth

We consider the construction of renewable portfolios targeting specified carbon-free (CFE) hourly performance scores. We work in a probabilistic framework that uses a collection of simulation scenarios and imposes probability constraints on…

Portfolio Management · Quantitative Finance 2023-12-14 Mike Ludkovski , Saad Mouti , Glen Swindle