Evaluation of Prosumer Networks for Peak Load Management in Iran: A Distributed Contextual Stochastic Optimization Approach

Fuente: arXiv
Saved in:
Bibliographic Details
Main Authors: Noori, Amir, Tavassoli, Babak, Fereidunian, Alireza
Format: Preprint
Published: 2024
Subjects:
Online Access:
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866909302280683520
author Noori, Amir
Tavassoli, Babak
Fereidunian, Alireza
author_facet Noori, Amir
Tavassoli, Babak
Fereidunian, Alireza
contents Renewable prosumers face the complex challenge of balancing self-sufficiency with seamless grid and market integration. This paper introduces a novel prosumers network framework aimed at mitigating peak loads in Iran, particularly under the uncertainties inherent in renewable energy generation and demand. A cost-oriented integrated prediction and optimization approach is proposed, empowering prosumers to make informed decisions within a distributed contextual stochastic optimization (DCSO) framework. The problem is formulated as a bi-level two-stage multi-time scale optimization to determine optimal operation and interaction strategies under various scenarios, considering flexible resources. To facilitate grid integration, a novel consensus-based contextual information sharing mechanism is proposed. This approach enables coordinated collective behaviors and leverages contextual data more effectively. The overall problem is recast as a mixed-integer linear program (MILP) by incorporating optimality conditions and linearizing complementarity constraints. Additionally, a distributed algorithm using the consensus alternating direction method of multipliers (ADMM) is presented for computational tractability and privacy preservation. Numerical results highlights that integrating prediction with optimization and implementing a contextual information-sharing network among prosumers significantly reduces peak loads as well as total costs.
format Preprint
id arxiv_https___arxiv_org_abs_2409_00493
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Evaluation of Prosumer Networks for Peak Load Management in Iran: A Distributed Contextual Stochastic Optimization Approach
Noori, Amir
Tavassoli, Babak
Fereidunian, Alireza
Optimization and Control
Machine Learning
Systems and Control
Renewable prosumers face the complex challenge of balancing self-sufficiency with seamless grid and market integration. This paper introduces a novel prosumers network framework aimed at mitigating peak loads in Iran, particularly under the uncertainties inherent in renewable energy generation and demand. A cost-oriented integrated prediction and optimization approach is proposed, empowering prosumers to make informed decisions within a distributed contextual stochastic optimization (DCSO) framework. The problem is formulated as a bi-level two-stage multi-time scale optimization to determine optimal operation and interaction strategies under various scenarios, considering flexible resources. To facilitate grid integration, a novel consensus-based contextual information sharing mechanism is proposed. This approach enables coordinated collective behaviors and leverages contextual data more effectively. The overall problem is recast as a mixed-integer linear program (MILP) by incorporating optimality conditions and linearizing complementarity constraints. Additionally, a distributed algorithm using the consensus alternating direction method of multipliers (ADMM) is presented for computational tractability and privacy preservation. Numerical results highlights that integrating prediction with optimization and implementing a contextual information-sharing network among prosumers significantly reduces peak loads as well as total costs.
title Evaluation of Prosumer Networks for Peak Load Management in Iran: A Distributed Contextual Stochastic Optimization Approach
topic Optimization and Control
Machine Learning
Systems and Control
url https://arxiv.org/abs/2409.00493