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A rolling horizon approach for optimal management of microgrids under stochastic uncertainty

Silvente, J; Kopanos, GM; Dua, V; Papageorgiou, LG; (2018) A rolling horizon approach for optimal management of microgrids under stochastic uncertainty. Chemical Engineering Research and Design , 131 pp. 293-317. 10.1016/j.cherd.2017.09.013. Green open access

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Abstract

This work presents a Mixed Integer Linear Programming (MILP) approach based on a combination of a rolling horizon and stochastic programming formulation. The objective of the proposed formulation is the optimal management of the supply and demand of energy and heat in microgrids under uncertainty, in order to minimise the operational cost. Delays in the starting time of energy demands are allowed within a predefined time windows to tackle flexible demand profiles. This approach uses a scenario-based stochastic programming formulation. These scenarios consider uncertainty in the wind speed forecast, the processing time of the energy tasks and the overall heat demand, to take into account all possible scenarios related to the generation and demand of energy and heat. Nevertheless, embracing all external scenarios associated with wind speed prediction makes their consideration computationally intractable. Thus, updating input information (e.g., wind speed forecast) is required to guarantee good quality and practical solutions. Hence, the two-stage stochastic MILP formulation is introduced into a rolling horizon approach that periodically updates input information.

Type: Article
Title: A rolling horizon approach for optimal management of microgrids under stochastic uncertainty
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.cherd.2017.09.013
Publisher version: https://doi.org/10.1016/j.cherd.2017.09.013
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Energy planning, rolling horizon, stochastic programming, scheduling, mathematical programming, microgrid, MILP
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Chemical Engineering
URI: https://discovery.ucl.ac.uk/id/eprint/1576229
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