Searched for: subject%3A%22Chance%255C-constrained%255C+optimisation%22
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Evans, Michael (author), Tindemans, Simon H. (author)
This paper presents a framework for deriving the storage capacity that an electricity system requires in order to satisfy a chosen risk appetite. The framework takes as inputs user-defined event categories, parameterised by peak power-not-served, acceptable number of events per year and permitted probability of exceeding these constraints, and...
conference paper 2020
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Evans, Michael (author), Angeli, David (author), Strbac, Goran (author), Tindemans, Simon H. (author)
We present a method to find the maximum magnitude of any supply-shortfall service that an aggregator of energy storage devices is able to sell to a grid operator. This is first demonstrated in deterministic settings, then applied to scenarios in which device availabilities are stochastic. In this case we implement chance constraints on the...
conference paper 2019