Stochastic dynamic programming approach to managing power system uncertainty with distributed storage

DOI10.1007/s10287-017-0297-2zbMath1397.90227OpenAlexW2777862905MaRDI QIDQ1789640

C. Lindsay Anderson, Luckny Zéphyr

Publication date: 10 October 2018

Published in: Computational Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10287-017-0297-2

zbMATH Keywords

stochastic dynamic programmingstochastic dual dynamic programmingapproximate dynamic programmingenergy storagegeneralized linear programmingpower grid management

Mathematics Subject Classification ID

Stochastic programming (90C15) Management decision making, including multiple objectives (90B50) Approximation methods and heuristics in mathematical programming (90C59) Deterministic network models in operations research (90B10) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

Related Items (3)

Integrated day-ahead and intraday self-schedule bidding for energy storage systems using approximate dynamic programming ⋮ Chance constrained unit commitment approximation under stochastic wind energy ⋮ Valuation and pricing of electricity delivery contracts: the producer's view

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Dynamic sampling algorithms for multi-stage stochastic programs with risk aversion
• Analysis of stochastic dual dynamic programming method
• On the convergence of stochastic dual dynamic programming and related methods
• A first-order approximation to stochastic optimal control of reservoirs
• Multi-stage stochastic optimization applied to energy planning
• Approximate stochastic dynamic programming for hydroelectric production planning
• Controlled approximation of the value function in stochastic dynamic programming for multi-reservoir systems
• Risk neutral and risk averse stochastic dual dynamic programming method
• Multiarea Stochastic Unit Commitment for High Wind Penetration in a Transmission Constrained Network
• Dynamic-Programming Approximations for Stochastic Time-Staged Integer Multicommodity-Flow Problems
• DYNAMIC PROGRAMMING AND LAGRANGE MULTIPLIERS
• Some new techniques in the dynamic programming solution of variational problems
• The Cutting-Plane Method for Solving Convex Programs
• Improved Dynamic Programming Methods for Optimal Control of Lumped-Parameter Stochastic Systems
• Numerical Solution of Continuous-State Dynamic Programs Using Linear and Spline Interpolation
• Optimizing Trading Decisions for Hydro Storage Systems Using Approximate Dual Dynamic Programming
• Wind energy: forecasting challenges for its operational management

This page was built for publication: Stochastic dynamic programming approach to managing power system uncertainty with distributed storage