The Role of Operations Research to Address the Integration of Variable Renewable Resources in Electricity Markets

ECE Seminar: The Role of Operations Research to Address the Integration of Variable Renewable Resources in Electricity Markets


Starts at: April 3, 2014 4:30 PM

Location: Scaife Hall - Rm 125

Speaker: Kory W. Hedman, Ph.D.

Affiliation: Assistant Professor of Electrical Engineering Arizona State University

Refreshments provided: Yes

Link to Poster

Details:

This presentation will give an overview of the existing challenges to integrate variable renewable resources within the electric power grid. An overview of the day-ahead scheduling process within existing electricity markets will be presented. Recent research has proposed the transition from deterministic to stochastic programming to handle the uncertainty caused by variable renewable resources. Such stochastic programs for the large-scale mixed integer program, unit commitment, do not scale well. Progressive hedging, however, is a dual decomposition algorithm that has a trivially parallelizable structure that lends itself to high performance computing. Results will be presented based on the use of this algorithm and the talk will conclude with an overview of other smart grid advances that are being developed in order to facilitate the integration of variable renewable resources.

About the lecturer:

Kory W. Hedman is an assistant professor in electrical engineering at Arizona State University. Dr. Hedman received the Ph.D. degree in operations research from the University of California, Berkeley in 2010; Dr. Hedman also holds BS and MS degrees in both electrical engineering and economics. His research interests include power systems operations and planning, electricity markets, power systems economics, and operations research. He has previously worked for the Federal Energy Regulatory Commission and the California Independent System Operator.