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An inexact two-stage stochastic robust programming for residential micro-grid management-based on random demand

Author:
Ji, L., Niu, D.X., Huang, G.H.
Source:
Energy 2014 v.67 pp. 186-199
ISSN:
0360-5442
Subject:
cooling, electricity, energy, heat, markets, residential areas, risk, system optimization, China
Abstract:
In this paper a stochastic robust optimization problem of residential micro-grid energy management is presented. Combined cooling, heating and electricity technology (CCHP) is introduced to satisfy various energy demands. Two-stage programming is utilized to find the optimal installed capacity investment and operation control of CCHP (combined cooling heating and power). Moreover, interval programming and robust stochastic optimization methods are exploited to gain interval robust solutions under different robustness levels which are feasible for uncertain data. The obtained results can help micro-grid managers minimizing the investment and operation cost with lower system failure risk when facing fluctuant energy market and uncertain technology parameters. The different robustness levels reflect the risk preference of micro-grid manager. The proposed approach is applied to residential area energy management in North China. Detailed computational results under different robustness level are presented and analyzed for providing investment decision and operation strategies.
Agid:
6004349