Risk‐adjustable stochastic schedule based on Sobol augmented Latin hypercube sampling considering correlation of wind power uncertainties

Abstract The risks associated with wind power forecast (WF) deviations are of paramount importance to many power system participants (PSPs). However, traditional sampling approaches are computationally prohibitive to model these deviations. Additionally, setting a risk level for satisfying different...

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Bibliographic Details
Main Authors: Zeyang Ma, Jianwei Gao, Wenqiang Hu, Venkata Dinavahi
Format: Article
Language:English
Published: Wiley 2021-08-01
Series:IET Renewable Power Generation
Online Access:https://doi.org/10.1049/rpg2.12169