Stochastic optimal power flow: formulation and solution

The stochastic optimal power flow (OPF) problem is formulated to solve the optimal dispatch problem with consideration of uncertainties in electric power systems. In this paper we explore this problem in detail. Different forms of linear stochastic OPF problems have been derived with different uncertainties in electric power systems. Also, we discuss the computation issues related to large power systems and its possible applications in a deregulated power market.