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Generation and storage dispatch in electricity networks with generator disruptions

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  • M. Mohsen Moarefdoost
  • Lawrence V. Snyder

Abstract

We present methods for optimizing generation and storage decisions in an electricity network with multiple unreliable generators, each colocated with one energy storage unit (e.g., battery), and multiple loads under power flow constraints. Our model chooses the amount of energy produced by each generator and the amount of energy stored in each battery in every time period in order to minimize power generation and storage costs when each generator faces stochastic Markovian supply disruptions. This problem cannot be optimized easily using stochastic programming and/or dynamic programming approaches. Therefore, in this study, we present several heuristic methods to find an approximate optimal solution for this system. Each heuristic involves decomposing the network into several single‐generator, single‐battery, multiload systems and solving them optimally using dynamic programming, then obtaining a solution for the original problem by recombining. We discuss the computational performance of the proposed heuristics as well as insights gained from the models. © 2015 Wiley Periodicals, Inc. Naval Research Logistics 62: 493–511, 2015

Suggested Citation

  • M. Mohsen Moarefdoost & Lawrence V. Snyder, 2015. "Generation and storage dispatch in electricity networks with generator disruptions," Naval Research Logistics (NRL), John Wiley & Sons, vol. 62(6), pages 493-511, September.
    • Handle: RePEc:wly:navres:v:62:y:2015:i:6:p:493-511
    DOI: 10.1002/nav.21660
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    References listed on IDEAS

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    1. Parlar, Mahmut & Wang, Yunzeng & Gerchak, Yigal, 1995. "A periodic review inventory model with Markovian supply availability," International Journal of Production Economics, Elsevier, vol. 42(2), pages 131-136, December.
    2. Wu, Felix & Varaiya, Pravin & Spiller, Pablo & Oren, Shmuel, 1996. "Folk Theorems on Transmission Access: Proofs and Counterexamples," Journal of Regulatory Economics, Springer, vol. 10(1), pages 5-23, July.
    3. Brian Tomlin, 2006. "On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks," Management Science, INFORMS, vol. 52(5), pages 639-657, May.
    4. LaCommare, Kristina Hamachi & Eto, Joseph H., 2006. "Cost of power interruptions to electricity consumers in the United States (US)," Energy, Elsevier, vol. 31(12), pages 1845-1855.
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    Cited by:

    1. Weiwei Cui & Lin Li & Zhiqiang Lu, 2019. "Energy‐efficient scheduling for sustainable manufacturing systems with renewable energy resources," Naval Research Logistics (NRL), John Wiley & Sons, vol. 66(2), pages 154-173, March.

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