Application of two-stage robust optimization theory in power system scheduling under uncertainties: A review and perspective

H Qiu, W Gu, P Liu, Q Sun, Z Wu, X Lu - Energy, 2022 - Elsevier
Multi-uncertainties impose enormous challenges to the optimal scheduling of power
systems, and two-stage robust optimization (TSRO) theory has been widely investigated and …

Electric power industry: Operational and public policy challenges and opportunities

GG Parker, B Tan, O Kazan - Production and Operations …, 2019 - journals.sagepub.com
The electric power industry is undergoing dramatic change driven by rapid technological
transformation, concern over climate change, and evolving market structures. As a result …

Optimal offering and bidding strategies of renewable energy based large consumer using a novel hybrid robust-stochastic approach

O Abedinia, M Zareinejad, MH Doranehgard… - Journal of cleaner …, 2019 - Elsevier
In the restructured power market, the participation of large consumer in the market is a
challenging issue due to their considerable load demand. To provide the required load of …

Forecasting energy consumption and wind power generation using deep echo state network

H Hu, L Wang, SX Lv - Renewable Energy, 2020 - Elsevier
Accurate energy forecasting is of great significance for the energy sector to formulate short-
term plans and long-term development strategies for meeting energy needs. This study …

A data-driven model of virtual power plants in day-ahead unit commitment

S Babaei, C Zhao, L Fan - IEEE Transactions on Power …, 2019 - ieeexplore.ieee.org
Due to the increasing penetration of distributed energy resources (DERs), power system
operators face significant challenges of ensuring the effective integration of DERs. The …

A robust optimization approach to energy and reserve dispatch in electricity markets

M Zugno, AJ Conejo - European Journal of Operational Research, 2015 - Elsevier
To a large extent, electricity markets worldwide still rely on deterministic procedures for
clearing energy and reserve auctions. However, increasing shares of the production mix …

The design of a risk-hedging tool for virtual power plants via robust optimization approach

M Shabanzadeh, MK Sheikh-El-Eslami, MR Haghifam - Applied Energy, 2015 - Elsevier
This paper presents a robust optimization-based decision-making tool for the daily and
weekly self-scheduling of Virtual Power Plants (VPPs) in the uncertain environment of …

Robust expansion planning of a distribution system with electric vehicles, storage and renewable units

L Baringo, L Boffino, G Oggioni - Applied Energy, 2020 - Elsevier
The decarbonization of energy systems passes through the transition towards low-and zero-
emission vehicles and the investments in efficient technologies. To this end, an adaptive …

Uncertainty-based electricity procurement by retailer using robust optimization approach in the presence of demand response exchange

S Nojavan, R Nourollahi, H Pashaei-Didani… - International Journal of …, 2019 - Elsevier
In this paper, robust optimization approach is proposed to handle market price uncertainty in
which the upper deviation from forecasted value of pool price will be considered for risk …

The impact of virtual power plant technology composition on wholesale electricity prices: A comparative study of some European Union electricity markets

B Moreno, G Díaz - Renewable and Sustainable Energy Reviews, 2019 - Elsevier
Abstract Virtual Power Plant combines a wide variety of distributed generation resources
and operates them as a unified resource on the energy markets. It gives an economic …