TY - JOUR
T1 - Dynamic multi-stage dispatch of isolated wind–diesel power systems
AU - Hu, Yu
AU - Morales, Juan M.
AU - Pineda Morente, Salvador
AU - Sánchez, María Jesús
AU - Solana, Pablo
PY - 2015/7/16
Y1 - 2015/7/16
N2 - An optimal dispatch strategy is crucial for an isolated wind–diesel power system to save diesel fuel and maintain the system stability. The uncertainty associated with the stochastic character of the wind is, though, a challenging problem for this optimization. In this paper, a dynamic multi-stage decision-making model is proposed to determine the diesel power output that minimizes the cost of running and maintaining the wind–diesel power system. Optimized operational decisions for each time period are generated dynamically considering the path-dependent nature of the optimal dispatch policy, given the plausible future realizations of the wind power production. A numerical case study is analyzed and it is demonstrated that the proposed stochastic dynamic optimization model significantly outperforms the traditional deterministic dispatch strategies.
AB - An optimal dispatch strategy is crucial for an isolated wind–diesel power system to save diesel fuel and maintain the system stability. The uncertainty associated with the stochastic character of the wind is, though, a challenging problem for this optimization. In this paper, a dynamic multi-stage decision-making model is proposed to determine the diesel power output that minimizes the cost of running and maintaining the wind–diesel power system. Optimized operational decisions for each time period are generated dynamically considering the path-dependent nature of the optimal dispatch policy, given the plausible future realizations of the wind power production. A numerical case study is analyzed and it is demonstrated that the proposed stochastic dynamic optimization model significantly outperforms the traditional deterministic dispatch strategies.
KW - Dynamic programming
KW - Hybrid wind–diesel system
KW - Markov decision process
KW - Multi-stage decision making
UR - http://www.mendeley.com/research/dynamic-multistage-dispatch-isolated-winddiesel-power-systems
U2 - 10.1016/j.enconman.2015.06.070
DO - 10.1016/j.enconman.2015.06.070
M3 - Journal article
SN - 0196-8904
VL - 103
SP - 605
EP - 615
JO - Energy Conversion and Management
JF - Energy Conversion and Management
ER -