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

DOI10.1007/S10287-017-0297-2MaRDI QIDQ1789640zbMATH OpenOpenAlexFDO

Authors Luckny Zéphyr, C. Lindsay Anderson

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

Mathematics Subject Classification ID

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

Recommendations

• Benchmarking a scalable approximate dynamic programming algorithm for stochastic control of grid-level energy storage
• Optimization of Dispersed Energy Supply —Stochastic Programming with Recombining Scenario Trees
• A stochastic model for the daily coordination of pumped storage hydro plants and wind power plants
• Stochastic optimization for network-constrained power system scheduling problem
• A partial differential equation system for modelling stochastic storage in physical systems with applications to wind power generation

Cites work

• scientific article; zbMATH DE number 3174053 (Why is no real title available?)
• scientific article; zbMATH DE number 3791939 (Why is no real title available?)
• scientific article; zbMATH DE number 3318267 (Why is no real title available?)
• A first-order approximation to stochastic optimal control of reservoirs
• Analysis of stochastic dual dynamic programming method
• Approximate stochastic dynamic programming for hydroelectric production planning
• Controlled approximation of the value function in stochastic dynamic programming for multi-reservoir systems
• DYNAMIC PROGRAMMING AND LAGRANGE MULTIPLIERS
• Dynamic sampling algorithms for multi-stage stochastic programs with risk aversion
• Dynamic-programming approximations for stochastic time-staged integer multicommodity-flow problems
• Improved Dynamic Programming Methods for Optimal Control of Lumped-Parameter Stochastic Systems
• Multi-stage stochastic optimization applied to energy planning
• Multiarea stochastic unit commitment for high wind penetration in a transmission constrained network
• Numerical Solution of Continuous-State Dynamic Programs Using Linear and Spline Interpolation
• On the convergence of stochastic dual dynamic programming and related methods
• Optimizing trading decisions for hydro storage systems using approximate dual dynamic programming
• Risk neutral and risk averse stochastic dual dynamic programming method
• Some new techniques in the dynamic programming solution of variational problems
• The Cutting-Plane Method for Solving Convex Programs
• Wind energy: forecasting challenges for its operational management

Cited in

(15)

• Electric power infrastructure planning under uncertainty: stochastic dual dynamic integer programming (SDDiP) and parallelization scheme
• Generation and storage dispatch in electricity networks with generator disruptions
• On the solution variability reduction of stochastic dual dynamic programming applied to energy planning
• Valuation and pricing of electricity delivery contracts: the producer's view
• Benchmarking a scalable approximate dynamic programming algorithm for stochastic control of grid-level energy storage
• Active network management for electrical distribution systems: problem formulation, benchmark, and approximate solution
• Integrated day-ahead and intraday self-schedule bidding for energy storage systems using approximate dynamic programming
• Power system operation with large scale stochastic wind power integration. Interval arithmetic based analysis and optimization methods
• A dynamic programming model of energy storage and transformer deployments to relieve distribution constraints
• Stochastic optimization for network-constrained power system scheduling problem
• Stochastic programming approach for energy management in electric microgrids
• Chance constrained unit commitment approximation under stochastic wind energy
• A partial differential equation system for modelling stochastic storage in physical systems with applications to wind power generation
• SMART: A stochastic multiscale model for the analysis of energy resources, technology, and policy
• Hybrid simplicial-randomized approximate stochastic dynamic programming for multireservoir optimization

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

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1789640)