Chance Constrained Optimal Power Flow: Risk-Aware Network Control under Uncertainty
Daniel Bienstock, Michael Chertkov, and Sean Harnett

TL;DR
This paper introduces a chance constrained optimal power flow method that manages renewable uncertainty, ensuring grid stability and constraint satisfaction with high probability, while maintaining computational efficiency for large networks.
Contribution
It proposes a novel chance constrained OPF approach that incorporates renewable uncertainty into power grid optimization, improving stability and reliability.
Findings
Successfully applied to a 2746-bus network in 20 seconds
Ensures high-probability constraint satisfaction under renewable fluctuations
Reduces risk of line overloads and cascading outages
Abstract
When uncontrollable resources fluctuate, Optimum Power Flow (OPF), routinely used by the electric power industry to re-dispatch hourly controllable generation (coal, gas and hydro plants) over control areas of transmission networks, can result in grid instability, and, potentially, cascading outages. This risk arises because OPF dispatch is computed without awareness of major uncertainty, in particular fluctuations in renewable output. As a result, grid operation under OPF with renewable variability can lead to frequent conditions where power line flow ratings are significantly exceeded. Such a condition, which is borne by simulations of real grids, would likely resulting in automatic line tripping to protect lines from thermal stress, a risky and undesirable outcome which compromises stability. Smart grid goals include a commitment to large penetration of highly fluctuating renewables,…
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Taxonomy
TopicsEnergy Load and Power Forecasting · Wind and Air Flow Studies · Thermal Analysis in Power Transmission
