1. A Comprehensive Review on Stochastic Optimal Power Flow Problems and Solution Methodologies.
- Author
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Maheshwari, Ankur, Sood, Yog Raj, and Jaiswal, Supriya
- Subjects
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ELECTRICAL load , *RENEWABLE energy sources , *ENERGY consumption , *EVIDENCE gaps , *METAHEURISTIC algorithms - Abstract
The deregulation of the electricity market has been accompanied by the growing utilization of unpredictable renewable energy sources (RESs) such as solar, wind, and hydropower plants. Additionally, advancements in energy storage technologies and new energy demands have further contributed to this trend. As a result, the planning and operation of power systems are now surrounded by a higher level of uncertainty. In order to ensure the proper operation of power systems integrated with RESs, modern power systems are equipped with specific vital tools such as optimal power flow (OPF), which regulates generation and demand to achieve specific objectives. Hence, this paper conducts a comprehensive review of recently published research articles focusing on various solution strategies to address OPF problems in the presence of stochastic RESs and power demand. The review encompasses diverse solution methodologies, objective functions, constraints, and distinct techniques to simulate the stochastic behavior of RESs and dynamic loads. Additionally, the paper explores fundamental challenges, identifies critical research gaps, and highlights unexplored areas pertaining to optimal power system operation in the future. This review is essential for system operators who need to assess and pre-plan flexibility competency for their power systems to ensure practical and cost-effective operation under high RESs penetration. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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