Related papers: Stochastic Economic Dispatch Considering Demand Re…
Edge computing (EC) promises to deliver low-latency and ubiquitous computation to numerous devices at the network edge. This paper aims to jointly optimize edge node (EN) placement and resource allocation for an EC platform, considering…
The continuously increasing renewable energy sources (RES) and demand response (DR) are becoming important sources of system flexibility. As a consequence, decision-dependent uncertainties (DDUs), interchangeably referred to as endogenous…
With the integration of renewable energy resources in power systems, managing operational flexibility and reliability while minimizing operational costs has become increasingly challenging. Battery energy storage system (BESS) offers a…
In this paper, we investigate the problem of coordination between economic dispatch (ED) and demand response (DR) in multi-energy systems (MESs), aiming to improve the economic utility and reduce the waste of energy in MESs. Since multiple…
This paper incorporates a continuous-type network flexibility into chance constrained economic dispatch (CCED). In the proposed model, both power generations and line susceptances are continuous variables to minimize the expected generation…
Given the complexity of power systems, particularly the high-dimensional variability of net loads, accurately depicting the entire operational range of net loads poses a challenge. To address this, recent methodologies have sought to gauge…
Demand response (DR) is a cost-effective and environmentally friendly approach for mitigating the uncertainties in renewable energy integration by taking advantage of the flexibility of customers' demands. However, existing DR programs…
The security-constrained economic dispatch (SCED) problem tries to maintain the reliability of a power network by ensuring that a single failure does not lead to a global outage. The previous research has mainly investigated SCED by…
With the rising adoption of distributed energy resources (DERs), microgrid dispatch is facing new challenges: DER owners are independent stakeholders seeking to maximize their individual profits rather than being controlled centrally; and…
This paper introduces a new computational framework to account for uncertainties in day-ahead electricity market clearing process in the presence of demand response providers. A central challenge when dealing with many demand response…
The economic dispatch problem is considered for unbalanced three-phase power distribution networks entailing both non-deferrable and elastic loads, and distributed generation (DG) units. The objective is to minimize the costs of power drawn…
The electric vehicle (EV) charging demands (CD) are jointly determined by the EV owners' behavior (i.e., human factor) and the electricity prices (i.e., decisions of distribution system operators (DSO)). However, most existing studies…
We present a distributionally robust optimization (DRO) approach for the transmission expansion planning problem, considering both long- and short-term uncertainties on the system demand and non-dispatchable renewable generation. On the…
We consider the problem of look-ahead economic dispatch (LAED) with uncertain renewable energy generation. The goal of this problem is to minimize the cost of conventional energy generation subject to uncertain operational constraints. The…
Real-world decision-making problems often involve decision-dependent uncertainty, where the probability distribution of the random vector depends on the model decisions. Few studies focus on two-stage stochastic programs with this type of…
Proceeding from the concept of rational expectations, a new dynamic model of supply and demand in a single market with one supplier, one buyer, and one kind of commodity is developed. Unlike the cob-web dynamic theories with adaptive…
Edge computing promises to offer low-latency and ubiquitous computation to numerous devices at the network edge. For delay-sensitive applications, link delays can have a direct impact on service quality. These delays can fluctuate…
This work proposes a framework for multistage adjustable robust optimization that unifies the treatment of three different types of endogenous uncertainty, where decisions, respectively, (i) alter the uncertainty set, (ii) affect the…
Current risk assessment ignores the stochastic nature of energy storage availability itself and thus lead to potential risk during operation. This paper proposes the redefinition of generic energy storage (GES) that is allowed to offer…
Many of the observations we make are biased by our decisions. For instance, the demand of items is impacted by the prices set, and online checkout choices are influenced by the assortments presented. The challenge in decision-making under…