Optimization of stochastic lossy transport networks and applications to power grids

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Publication:5856672

DOI10.1287/STSY.2019.0063zbMATH Open1462.90077arXiv1712.07411OpenAlexW3126353548MaRDI QIDQ5856672FDOQ5856672


Authors: Alessandro Zocca, Bert Zwart Edit this on Wikidata


Publication date: 29 March 2021

Published in: Stochastic Systems (Search for Journal in Brave)

Abstract: Motivated by developments in renewable energy and smart grids, we formulate a stylized mathematical model of a transport network with stochastic load fluctuations. Using an affine control rule, we explore the trade-off between the number of controllable resources in a lossy transport network and the performance gain they yield in terms of expected power losses. Our results are explicit and reveal the interaction between the level of flexibility, the intrinsic load uncertainty and the network structure.


Full work available at URL: https://arxiv.org/abs/1712.07411




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