TY - GEN
T1 - Stochastic Look-Ahead Commitment
T2 - 2023 IEEE Power and Energy Society General Meeting, PESGM 2023
AU - Knueven, Bernard
AU - Faqiry, M. Nazif
AU - Garcia, Manuel
AU - Chen, Yonghong
AU - Treinen, Roger
AU - Werho, Trevor
AU - Zhang, Junshan
AU - Vittal, Vijay
AU - Zhao, Long
AU - Thatte, Anupam
AU - Yin, Shengfei
N1 - Publisher Copyright:
© 2023 IEEE.
PY - 2023
Y1 - 2023
N2 - This paper introduces the Stochastic Look Ahead Commitment (SLAC) software prototyped and tested for the Midcontinent Independent System Operator (MISO) look ahead commitment process. SLAC can incorporate hundreds of wind, load, and net scheduled interchange (NSI) uncertainty scenarios. It uses a progressive hedging method to solve a novel two-stage stochastic unit commitment. The first stage commitment decisions, made only for those generators whose decision to commit or not in each time period cannot be deferred, can cover the uncertainties within the next three hours. The second stage includes both the dispatch for each of the scenarios and the commitment decisions that can be deferred. Study results on 15 MISO production days show that SLAC may bring economic and reliability benefits under uncertainty.
AB - This paper introduces the Stochastic Look Ahead Commitment (SLAC) software prototyped and tested for the Midcontinent Independent System Operator (MISO) look ahead commitment process. SLAC can incorporate hundreds of wind, load, and net scheduled interchange (NSI) uncertainty scenarios. It uses a progressive hedging method to solve a novel two-stage stochastic unit commitment. The first stage commitment decisions, made only for those generators whose decision to commit or not in each time period cannot be deferred, can cover the uncertainties within the next three hours. The second stage includes both the dispatch for each of the scenarios and the commitment decisions that can be deferred. Study results on 15 MISO production days show that SLAC may bring economic and reliability benefits under uncertainty.
KW - Stochastic optimization
KW - Uncertainty Management
KW - Unit Commitment
UR - http://www.scopus.com/inward/record.url?scp=85174692745&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85174692745&partnerID=8YFLogxK
U2 - 10.1109/PESGM52003.2023.10253199
DO - 10.1109/PESGM52003.2023.10253199
M3 - Conference contribution
AN - SCOPUS:85174692745
T3 - IEEE Power and Energy Society General Meeting
BT - 2023 IEEE Power and Energy Society General Meeting, PESGM 2023
PB - IEEE Computer Society
Y2 - 16 July 2023 through 20 July 2023
ER -