Natalia Issaeva (University of Edinburgh)

Stochastic programming for short-term scheduling of electricity generation
Wednesday 17 October 2007 at 15.30, JCMB 5325

Abstract

This talk presents a problem of short-term electricity generation after wind energy is incorporated into the electricity generation system. In our case wind speed varies every minute and its random values are unpredictable. Even after wind energy curve is smoothed over a big geographic area its variations are significant. We propose an approach that uses instruments of stochastic programming in order to make a decision under uncertainty. During the talk there will be presented a simple model for scheduling electricity generation with thermal and wind energy. Further I will focus on scenario generation of possible wind energy realisations and evaluate different methods of branching for a scenario tree.

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