In this paper, a new formulation for modeling the problem of stochastic security-constrained unit commitment along with optimal charging and discharging large-scale electric vehicles, energy storage systems, flexible loads renewable resources is presented. The uncertainty considered as scenario-based model. multi-objective function which considers reduction operation cost, no-load startup/shutd...

This paper proposes a stochastic optimization model for the day-ahead scheduling in power systems, which incorporates the hourly demand response (DR) for managing the variability of renewable energy sources (RES). DR considers physical and operating constraints of the hourly demand for economic and reliability responses. The proposed stochastic day-ahead scheduling algorithm considers random ou...

As part of the day-ahead market clearing process, MISO solves one of the most challenging Security Constrained Unit Commitment (SCUC) models. With the footprint expansion and increased financial activities, the day-ahead market unit commitment may encounter performance challenges from time to time. This paper reviews MISO’s day-ahead market clearing process and identifies the factors contributi...

The California ISO has taken several measures to incorporate the uncertainty due to Wind and Solar variability into the unit commitment and dispatch algorithms used in market operations. A hybrid approach that recognizes the need to incorporate uncertainties in operation of Day-ahead and real-time markets is presented. The hybrid approach is based on leveraging different forecasting techniques ...

As a part of the day-ahead market clearing process, Midcontinent Independent System Operator (MISO) solves one of the largest and most challenging Security Constrained Unit Commitment (SCUC) models. Better computational performance of SCUC models not only improves the market efficiency but also facilitates future market development. This paper introduces two developments on Mixed Integer Progra...

Due to the ever-growing load, especially peak load, the increase in the capacity of plants is inevitable for the response to this growth. Peak load causes increases in customer costs and vast investments in generating and transmission parts. Therefore, restructuring in the electrical industry, competition in the electrical market and Demand Response Programs (DRPs) are of special importance in ...