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The integration of renewable energy sources such as wind and solar into the electric power grid is a coveted yet challenging goal. The difficulties arise from the intermittency of the sources, the required increase in transmission capacity, and the lack of coordination between control entities. In this paper, a method is developed and implemented for the(More)
In electric power systems, multiple entities are responsible for ensuring an economic and reliable way of delivering power from producers to consumers. With the increase of variable renewable generation it is becoming increasingly important to take advantage of the individual entities’ (and their areas’) capabilities for balancing variability. Hence, in(More)
This paper focuses on distribution systems featuring renewable energy sources and energy storage devices, and develops an optimal power flow (OPF) approach to optimize the system operation in spite of forecasting errors. The proposed method builds on a chance-constrained multi-period AC OPF formulation, where probabilistic constraints are utilized to(More)