Smart and Sustainable Power Systems

4.3.2.3  Stochastic Scheduling Models

4.3.2.3.1  Introduction

As already mentioned, in the last decade, the integration of variable RES injection led the industry and the academic community to the implementation of sophisticated mathematical models in order to deal with the uncertainty of the intermittent energy sources.

Stochastic programming has been proposed as a viable approach for solving the uncertain UC problem. Stochastic programming is the mathematical field that aims at taking optimal decisions in problems that involve uncertain data [80]. Contributions from many disciplines, including operations research, mathematics, and probability theory, have led to its implementation in various problems, ranging from financial planning to agriculture ...