Probabilistic Power and Energy Balance Risk Scheduling Method Based on Distributed Robust Optimization

Jing Shi, Jianru Qin, Haibo Li (), Zesen Li, Yi Ge and Boliang Liu
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Jing Shi: State Grid Jiangsu Electric Power Co., Ltd., Economic and Technological Research Institute, Nanjing 210008, China
Jianru Qin: Tsinghua Sichuan Energy Internet Research Institute, Chengdu 610213, China
Haibo Li: Tsinghua Sichuan Energy Internet Research Institute, Chengdu 610213, China
Zesen Li: State Grid Jiangsu Electric Power Co., Ltd., Economic and Technological Research Institute, Nanjing 210008, China
Yi Ge: State Grid Jiangsu Electric Power Co., Ltd., Economic and Technological Research Institute, Nanjing 210008, China
Boliang Liu: State Grid Jiangsu Electric Power Co., Ltd., Nanjing 210024, China

Energies, 2024, vol. 17, issue 19, 1-21

Abstract: The volatility and uncertainty associated with the high proportion of wind and PV output in the new power system significantly impact the power and energy balance, making it challenging to accurately assess the risks related to renewable energy abandonment and supply guarantee. Therefore, a probabilistic power and energy balance risk analysis method based on distributed robust optimization is proposed. Firstly, the affine factor and the flexible ramp reserve capacity of thermal power are combined to establish a probabilistic index, which serves to characterize the risk associated with the power and energy balance. Drawing upon the principles of the conditional value at risk theory, the risk indexes of the load shedding power and curtailment power under a certain confidence probability are proposed. Secondly, the probability distribution fuzzy sets of uncertain variables are constructed using the distributionally robust method to measure the Wasserstein distance between different probability distributions. Finally, aiming at minimizing the operation cost of thermal power, the risk cost of power abandonment, and the risk cost of load shedding, a distributed robust optimal scheduling model based on a flexible ramp reserve of thermal power is established.

Keywords: electric power and energy balance; distributionally robust optimization; probabilistic index; affine factor; flexible climbing reserve (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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