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Compact trees: a new approach to model uncertainty for the management of power systems

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3 Author(s)
Grellier, V. ; R&D, EDF, Clamart, France ; Renaud, A. ; Tsamasphyrou, P.

For the management of power systems under market conditions, dealing with uncertainties is a very important task. But when several uncertainties are to be represented in a scenarios tree, the tree often becomes too big, making the calculation impossible. This paper presents a method to combine a random process with a given memory (representing the load) and another one, non time-correlated (generation units availability), in order to enable the resolution by an algorithm using the dynamic programming principle without generating too huge a tree.

Published in:

Power Tech Conference Proceedings, 2003 IEEE Bologna  (Volume:3 )

Date of Conference:

23-26 June 2003