Risk-Averse Optimization for Resilience Enhancement of Complex Engineering Systems under Uncertainties
Jiaxin Wu, Pingfeng Wang

TL;DR
This paper develops a risk-averse, scenario-based stochastic optimization framework using MILP and advanced decomposition techniques to enhance the resilience of complex interconnected engineering systems against disruptions.
Contribution
It introduces a novel MILP-based restoration framework with risk measures and decomposition methods for resilient recovery under uncertainty in large-scale systems.
Findings
Improved resilience in IEEE 37-bus test case
Effective handling of uncertainties with scenario-based optimization
Enhanced computational tractability through decomposition
Abstract
With the growth of complexity and extent, large scale interconnected network systems, e.g. transportation networks or infrastructure networks, become more vulnerable towards external disruptions. Hence, managing potential disruptive events during the design, operating, and recovery phase of an engineered system therefore improving the system's resilience is an important yet challenging task. In order to ensure system resilience after the occurrence of failure events, this study proposes a mixed-integer linear programming (MILP) based restoration framework using heterogeneous dispatchable agents. Scenario-based stochastic optimization (SO) technique is adopted to deal with the inherent uncertainties imposed on the recovery process from nature. Moreover, different from conventional SO using deterministic equivalent formulations, additional risk measure is implemented for this study…
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Taxonomy
TopicsInfrastructure Resilience and Vulnerability Analysis · Risk and Portfolio Optimization · Smart Grid Security and Resilience
