TL;DR
This paper proposes two novel data-driven two-timescale stochastic dispatch schemes for smart distribution grids, enabling efficient renewable integration and voltage regulation by jointly optimizing slow and fast control decisions.
Contribution
It introduces two distribution-free algorithms for two-stage stochastic dispatch, with proven convergence and improved cost efficiency over existing methods.
Findings
Both algorithms converge to optimal decisions.
Numerical tests show lower costs compared to alternatives.
The methods effectively handle stochastic renewable resources.
Abstract
Smart distribution grids should efficiently integrate stochastic renewable resources while effecting voltage regulation. The design of energy management schemes is challenging, one of the reasons being that energy management is a multistage problem where decisions are not all made at the same timescale and must account for the variability during real-time operation. The joint dispatch of slow- and fast-timescale controls in a smart distribution grid is considered here. The substation voltage, the energy exchanged with a main grid, and the generation schedules for small diesel generators have to be decided on a slow timescale; whereas optimal photovoltaic inverter setpoints are found on a more frequent basis. While inverter and looser voltage regulation limits are imposed at all times, tighter bus voltage constraints are enforced on the average or in probability, thus enabling more…
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