Risk-Based Two-Stage Stochastic Optimization Problem of Micro-Grid Operation with Renewables and Incentive-Based Demand Response Programs

Risk-Based Two-Stage Stochastic Optimization Problem of Micro-Grid Operation with Renewables and Incentive-Based Demand Response Programs

The operation problem of a micro-grid (MG) in grid-connected mode is an optimization one in which the main objective of the MG operator (MGO) is to minimize the operation cost with optimal scheduling of resources and optimal trading energy with the main grid. The MGO can use incentive-based demand r...

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Bibliographic Details
Main Authors: Pouria Sheikhahmadi, Ramyar Mafakheri, Salah Bahramara, Maziar Yazdani Damavandi, João P. S. Catalão
Format: Article
Language:English
Published: MDPI AG 2018-03-01
Series:Energies
Subjects:
demand response programs
micro-grid
renewable energy resources
risk-management
two-stage stochastic programming
Online Access:http://www.mdpi.com/1996-1073/11/3/610

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http://www.mdpi.com/1996-1073/11/3/610

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