2019
DOI: 10.1049/iet-rpg.2018.5573
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Risk aversion energy management in the networked microgrids with presence of renewable generation using decentralised optimisation approach

Abstract: Energy management problem is regarded as an important subject in the networked microgrids (MGs) based distribution system, where each entity possesses individual objectives. In this study, risk aversion energy management has been proposed for each MG and the distribution network (DN) in order to assess risks associated with uncertain sources. Conditional value at risk technique is utilised for including variability of profit to the objective function. In addition, this study investigates usefulness of possibil… Show more

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Cited by 31 publications
(23 citation statements)
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“…Under the hypothesis that the power balance can be forecasted on a given horizon [0, T], with a certain degree of uncertainty, e t can be divided, respectively, into deterministic ê t and stochastic e¯t components e t = ê t + e¯t (14) where ê t ∈ ℝ M − 1 is a known sequence of values over the interval [0, T]; e¯t ∈ ℝ M − 1 is an unknown sequence of independent identically distributed zero-mean random vectors over the interval [0, T], with Ee¯t x′ n = 0, ∀n ≤ t.…”
Section: Mg Modelmentioning
confidence: 99%
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“…Under the hypothesis that the power balance can be forecasted on a given horizon [0, T], with a certain degree of uncertainty, e t can be divided, respectively, into deterministic ê t and stochastic e¯t components e t = ê t + e¯t (14) where ê t ∈ ℝ M − 1 is a known sequence of values over the interval [0, T]; e¯t ∈ ℝ M − 1 is an unknown sequence of independent identically distributed zero-mean random vectors over the interval [0, T], with Ee¯t x′ n = 0, ∀n ≤ t.…”
Section: Mg Modelmentioning
confidence: 99%
“…Liu et al [13] developed a novel transactive energy control mechanism to coordinate the day-ahead collaboration among networked MGs. Ghaemi et al [14] proposed a risk aversion energy management in networked MGs. Khalili et al [15] presented an optimal, reliable, and resilient construction of dynamic self-adequate multi-MGs.…”
Section: Introductionmentioning
confidence: 99%
“…The generation of the scenarios has been performed independently and the correlation among the stochastic variables has been neglected. In order to reduce the burden of calculations, fast forward selection as the scenario reduction method has been employed [32]. however, due to the capability of reconfiguration, the DN operator tries to find the best topology for the DN to reduce active power loss, enhancing voltage stability and improving reliability index.…”
Section: Problem Formulationmentioning
confidence: 99%
“…Voltage constraint is brought in Equation 28and finally current limits according to the status of the switches is shown in Equation (31). The configuration of the DN should remain radial which is guaranteed through Equation (32). This equation indicates that the number of the closed lines in any loop should be smaller than the total number of the lines in that specific loop.…”
Section: First Step: Mg Local Energy Managementmentioning
confidence: 99%
“…First part of the problem in (30) which involves objective function of the investment part and its related constraints is called master problem. Moreover, objective function's operation part with operation constraints is called sub-problem.…”
Section: Integration Of Benders Decomposition Techniquementioning
confidence: 99%