Risk Assessment with Generic Energy Storage under Exogenous and Endogenous Uncertainty

Fuente: arXiv
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Main Authors: Qi, Ning, Cheng, Lin, Wan, Yuxiang, Zhuang, Yingrui, Liu, Zeyu
Format: Preprint
Published: 2022
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author Qi, Ning
Cheng, Lin
Wan, Yuxiang
Zhuang, Yingrui
Liu, Zeyu
author_facet Qi, Ning
Cheng, Lin
Wan, Yuxiang
Zhuang, Yingrui
Liu, Zeyu
contents Current risk assessment ignores the stochastic nature of energy storage availability itself and thus lead to potential risk during operation. This paper proposes the redefinition of generic energy storage (GES) that is allowed to offer probabilistic reserve. A data-driven unified model with exogenous and endogenous uncertainty (EXU & EDU) description is presented for four typical types of GES. Moreover, risk indices are proposed to assess the impact of overlooking (EXU & EDU) of GES. Comparative results between EXU & EDU are illustrated in distribution system with day-ahead chance-constrained optimization (CCO) and more severe risks are observed for the latter, which indicate that system operator (SO) should adopt novel strategies for EDU uncertainty.
format Preprint
id arxiv_https___arxiv_org_abs_2203_13991
institution arXiv
publishDate 2022
record_format arxiv
spellingShingle Risk Assessment with Generic Energy Storage under Exogenous and Endogenous Uncertainty
Qi, Ning
Cheng, Lin
Wan, Yuxiang
Zhuang, Yingrui
Liu, Zeyu
Risk Management
Systems and Control
Probability
Current risk assessment ignores the stochastic nature of energy storage availability itself and thus lead to potential risk during operation. This paper proposes the redefinition of generic energy storage (GES) that is allowed to offer probabilistic reserve. A data-driven unified model with exogenous and endogenous uncertainty (EXU & EDU) description is presented for four typical types of GES. Moreover, risk indices are proposed to assess the impact of overlooking (EXU & EDU) of GES. Comparative results between EXU & EDU are illustrated in distribution system with day-ahead chance-constrained optimization (CCO) and more severe risks are observed for the latter, which indicate that system operator (SO) should adopt novel strategies for EDU uncertainty.
title Risk Assessment with Generic Energy Storage under Exogenous and Endogenous Uncertainty
topic Risk Management
Systems and Control
Probability
url https://arxiv.org/abs/2203.13991