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update VPP
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10 changes: 10 additions & 0 deletions bib/uncertain.bib
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@article{pandvzic2013offering,
title={Offering model for a virtual power plant based on stochastic programming},
author={Pand{\v{z}}i{\'c}, Hrvoje and Morales, Juan M and Conejo, Antonio J and Kuzle, Igor},
journal={Applied Energy},
volume={105},
pages={282--292},
year={2013},
publisher={Elsevier}
}
16 changes: 11 additions & 5 deletions docs/Inter-VPP.Rmd
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VPP operators have direct control over all units.

### (a) Components of VPP {-}
### Components of VPP {-}

- dispatchable generators
- responsive loads
- storage
- stochastic generators

### (b) Operation of VPP: Profit-Maximization Problem {-}
### Operation of VPP: Profit-Maximization Problem {-}

When point forecasts are used, the problem becomes:

Expand All @@ -34,18 +34,24 @@ $$ \begin{align} \max_{\Xi} \quad & \rho = \sum_{t=1}^{T} \left[ \lambda^{\mathr

while the problem needs stochastic programming or robust programming when scenarios or interval forecasts are used respectively.

### (c) Cost Allocation Problem {-}
### Cost Allocation Problem {-}

The costs and profits must be distributed in a fair way.

### (d) Spatial Models {-}
### Spatial Models {-}


> Due to the dispersed nature of these resources, there is only one infrastructure “branched” enough to reach all of them: the distribution grid. Consequently, the management of VPPs will also call, among other things, for: [@morales2013integrating]
> 1. The enhancement of the control and monitoring of the distribution network to guarantee the performance, reliability, and security of the electricity supply.
> 2. The modeling, design and test of advanced components acting actively in the grid such as generators, transformers, smart meters, cables, breakers, insulators, power electronics, and converters.
> 3. The development of procedures to identify weaknesses in the distribution grid and propose guidelines for its reinforcement and expansion.
### (e) Franchise Agreements and Cooperative Games {-}
### Franchise Agreements and Cooperative Games {-}

> Cooperative games are often analyzed through the framework of cooperative game theory, which focuses on predicting which coalitions will form, the joint actions that groups take and the resulting collective payoffs. [@wiki:cooperative]
### Research Projects

- [@mashhour2011bidding, @mashhour2011bidding2]
* The optimization problem is a nonlinear mixed-integer programming with inter-temporal constraints.
* GA is used to solve the optimization problem.
7 changes: 7 additions & 0 deletions docs/Net-MCF.Rmd
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### Assignment Problem



### Optimal Power Flow (OPF)

- [@molzahn2017survey] ISOs seek a minimum cost generation dispatch for large-scale transmission systems by solving an optimal power flow (OPF) problem
* distributed algorithms with applications to power system optimization and control
4 changes: 4 additions & 0 deletions docs/revenue-pricing.Rmd
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Expand Up @@ -46,3 +46,7 @@ In every decision epoch, customers have only two possible states: buy or not buy

- [@prasad2011advance] Prasad, A., Stecke, K. E., & Zhao, X. (2011). Advance selling by a newsvendor retailer. Production and Operations Management, 20(1), 129-142.
* Two-period setting

### Bi-Level Programming

- [@zugno2013bilevel] A bilevel model for electricity retailers' participation in a demand response market environment
11 changes: 9 additions & 2 deletions docs/uncertain-newsvendor.Rmd
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## Newsvendor Problem

The most prototypical decision making under uncertainty problem is the newsvendor problem.

### Stochastic Unresponsive Demand
### Uncertainty: Unresponsive Demand

The demand is assumed to be unresponsive, so the pricing problem is not considered.

Expand All @@ -28,7 +29,7 @@ Currently, the cost of underage is $c_u$ in electricity supply, which can be cal

standard newsvendor problem

### Optimal Stopping Procurement
### Optimal Stopping One-Time Procurement

For procurements of goods, companies may not have the ability to make decisions regard target units only, and the demand in target units may be uncertain. The delivery of goods procured takes time, and it may be uncertain. That is, the lead time of procurements may be uncertain. For goods instead of services, they are storable. So it's better for companies to receive the goods early when the lead time varies.

Expand All @@ -41,3 +42,9 @@ For procurements of goods, companies may not have the ability to make decisions
- [@bucher2015quantification] TSOs procure control reserve resources.
* Transmission system operators are responsible for power system balancing.
* two-stage adaptive robust optimization model

- [@pandvzic2013offering] VPPs participate in day-ahead market and manage assets.
* Networks are not considered.

- chapter 8 in [@morales2013integrating] VPPs participate in day-ahead market and manage assets.
* Networks are not considered.
2 changes: 2 additions & 0 deletions web/06-Decen.Rmd
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---

# Decentralized Optimization {#Decen}

> Rather than collecting all problem parameters and performing a central calculation, distributed algorithms are computed by many agents that obtain certain problem parameters via communication with a limited set of neighbors. [@molzahn2017survey]

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