2021
DOI: 10.1109/tpwrs.2021.3071867
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Stochastic Optimization of Microgrids With Hybrid Energy Storage Systems for Grid Flexibility Services Considering Energy Forecast Uncertainties

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Cited by 87 publications
(34 citation statements)
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“…Hence, it can be easily scaled to a larger problem without impacting the computation time. The computation time of the proposed algorithm for OPF is comparable to the algorithms proposed in [21], [22]. The authors of [21] have implemented the algorithm for a 37-bus distribution network, which takes approximately 5 seconds.…”
Section: A Reserve Sharing Comparative Analysismentioning
confidence: 91%
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“…Hence, it can be easily scaled to a larger problem without impacting the computation time. The computation time of the proposed algorithm for OPF is comparable to the algorithms proposed in [21], [22]. The authors of [21] have implemented the algorithm for a 37-bus distribution network, which takes approximately 5 seconds.…”
Section: A Reserve Sharing Comparative Analysismentioning
confidence: 91%
“…The authors of [21] have implemented the algorithm for a 37-bus distribution network, which takes approximately 5 seconds. The authors of [22] have implemented the algorithm for a microgrid, and takes approximately 10-15 seconds. However, improvement in the computation time and its comparison is not the goal of this work.…”
Section: A Reserve Sharing Comparative Analysismentioning
confidence: 99%
“…Dynamic pricing plans are discussed in [33]. The paper [34] describes a stochastic optimization framework for microgrids providing flexible services to System Operators (SOs), which includes energy and battery degradation costs during flexible service operations. The paper [35] proposes a two-variable energy management model for energy overall consumption improvement.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The more interesting comparison is with the worst-case feasible market clearing outcome when there is sufficient liquidity in the whole network, but insufficient liquidity per node (3). Thus, the flexibility may not be provided at the same node, and the additional loading may result in congestion or voltage limit violations.…”
Section: E Upper Bound On Sub-optimality Gapmentioning
confidence: 99%