no code implementations • 1 Sep 2022 • Zhirui Liang, Robert Mieth, Yury Dvorkin, Miguel A. Ortega-Vazquez
To address this, probability- and risk-based reserve sizing models have been proposed, which use probabilistic VRES power forecasts that mostly rely on historical forecast and actual VRES power data for model training.
no code implementations • 31 May 2021 • Robert Mieth, Yury Dvorkin, Miguel A. Ortega-Vazquez
Current contingency reserve criteria ignore the likelihood of individual contingencies and, thus, their impact on system reliability and risk.
