Title
Assessing The Impact Of Wind Variability On The Long-Term Operation Of A Hydro-Dominated System
Abstract
Hydro-dominated systems are characterized by uncertainty on the inflows to the reservoirs. Driven by both technological advances and environmental awareness, the share of renewables in the energy production mix has been increasing over the past decades. However, due to their intermittent nature, the integration of renewables entails additional uncertainty, which may negatively impact the operation of the system if the overall risk is not properly appraised. This work analyzes the impact of short-term wind variability on the long-term operation of a hydro-dominated power system based upon two risk measure approaches, namely (i) chance constrained programming, and (ii) conditional value-at-risk. Both approaches are formulated under the framework of stochastic dual dynamic programming. The proposals are tested on a portion of the Colombian power system, in the presence of wind energy and storage units.
Year
Venue
Keywords
2017
2017 IEEE PES INNOVATIVE SMART GRID TECHNOLOGIES CONFERENCE EUROPE (ISGT-EUROPE)
chance constraint programming, conditional value-at-risk, stochastic dynamic programming, wind power
Field
DocType
ISSN
Dynamic programming,Renewable energy,Wind speed,Electric power system,Stochastic process,Environmental science,Wind power generation,Risk measure,Wind power,Environmental economics
Conference
2165-4816
Citations 
PageRank 
References 
0
0.34
0
Authors
5
Name
Order
Citations
PageRank
Jose L. Morillo100.68
Juan F. Pérez210611.80
Luckny Zéphyr351.14
C. Lindsay Anderson43511.16
Angela I. Cadena502.03