Risk-based optimal operation of hybrid power system using multiobjective optimization

ABSTRACT

This paper solves an optimal generation scheduling problem of hybrid power system considering the risk factor due to uncertain/intermittent nature of renewable energy resources (RERs) and electric vehicles (EVs). The hybrid power system considered in this work includes thermal generating units, RERs such as wind and solar photovoltaic (PV) units, battery energy storage systems (BESSs) and electric vehicles (EVs). Here, the two objective functions are formulated, i.e., minimization of operating cost and system risk, to develop an optimum scheduling strategy of hybrid power system. The objective of proposed approach is to minimize operating cost and system risk levels simultaneously. The operating cost minimization objective consists of costs due to thermal generators, wind farms, solar PV units, EVs, BESSs, and adjustment cost due to uncertainties in RERs and EVs. In this work, Conditional Value at Risk (CVaR) is considered as the risk index, and it is used to quantify the risk due to intermittent nature of RERs and EVs. The main contribution of this paper lies in its ability to determine the optimal generation schedules by optimizing operating cost and risk. These two objectives are solved by using a multiobjective-based nondominated sorting genetic algorithm-II (NSGA-II) algorithm, and it is used to develop a Pareto optimal front. A best-compromised solution is obtained by using fuzzy min-max approach. The proposed approach has been implemented on modified IEEE 30 bus and practical Indian 75 bus test systems. The obtained results show the best-compromised solution between operating cost and system risk level, and the suitability of CVaR for the management of risk associated with the uncertainties due to RERs and EVs.     

A Proactive Approach Can Make Site Remediation Less Expensive

Without any incentive to clean up a contaminated site, remediation is often delayed until the site owner is compelled to act by regulatory agencies. In such a context, the selected technology is typically the one that will reach the remediation goals as quickly as possible. Unfortunately, this criterion is often met by overly expensive technologies, resulting in high and sometimes unaffordable total remediation costs, leading to a remediation with a negative net benefit. This study examines the effects of time constraint and benefit value on the optimal remediation strategy for a diesel-contaminated site. This strategy is developed using the technico-economic model METEORS, which takes into account the technology’s effectiveness, the uncertainty of the level of contamination, and the possibility of reducing this uncertainty through either an additional characterization (before selecting and applying a technology) or the monitoring of the remediation technology (during its use). Results of simulations with both economic and temporal constraints support a proactive approach to site remediation.     

Extension of EU Emissions Trading Scheme to Other Sectors and Gases: Consequences for Uncertainty of Total Tradable Amount

Emissions trading in the European Union (EU), covering the least uncertain emission sources of greenhouse gas emission inventories (CO₂ from combustion and selected industrial processes in large installations), began in 2005. During the first commitment period of the Kyoto Protocol (2008–2012), the emissions trading between Parties to the Protocol will cover all greenhouse gases (CO₂, CH₄, N₂O, HFCs, PFCs, and SF₆) and sectors (energy, industry, agriculture, waste, and selected land-use activities) included in the Protocol. In this paper, we estimate the uncertainties in different emissions trading schemes based on uncertainties in corresponding inventories. According to the results, uncertainty in emissions from the EU15 and the EU25 included in the first phase of the EU emissions trading scheme (2005–2007) is ±3% (at 95% confidence interval relative to the mean value). If the trading were extended to CH₄ and N₂O, in addition to CO₂, but no new emissions sectors were included, the tradable amount of emissions would increase by only 2% and the uncertainty in the emissions would range from −4 to +8%. Finally, uncertainty in emissions included in emissions trading under the Kyoto Protocol was estimated to vary from −6 to +21%. Inclusion of removals from forest-related activities under the Kyoto Protocol did not notably affect uncertainty, as the volume of these removals is estimated to be small.     

The Impact of Uncertainty on Banking Behavior: Evidence from the US Sulfur Dioxide Emissions Allowance Trading Program

In this paper, we study empirically whether uncertainty has an influence on trade in the US sulfur dioxide allowances market. In particular, we investigate the role of uncertainty on banking behavior. To do this, we introduce a tractable, structural model of trading permits under uncertainty. The model establishes a relation between banking behavior and risk preferences, especially prudence in the Kimball (1990) sense. We then test this model using data on allowances, for utilities submitted to the US Environmental Protection Agency’s Acid Rain Program, carried over from one year to the next. Evidence is found of imprudence, namely, utilities bank permits in order to favor higher profits. Another finding is that larger utilities do not adopt behavior significantly different from that of smaller ones. This paper was presented at the “International Workshop on Uncertainty in Greenhouse Gas Inventories: Verification, Compliance & Trading” in Warsaw, Poland, September 2004, under the title “Portfolio Management of Emissions Permits and Prudence Behavior.”     

Compliance and Emissions Trading under the Kyoto Protocol: Rules for Uncertain Inventories

A solution is proposed for proving compliance with emission targets and for emissions trading in the event of uncertainties in reported emission inventories. The solution is based on the undershooting concept, from which the mathematical conditions for both proving compliance with a risk α and calculating effective emissions for trading are derived. Based on the reported emission units, the number of permits granted is reduced in proportion to the uncertainty in the inventory. A country whose inventory has higher uncertainty is thereby allotted fewer permits than a country with the same inventory but smaller uncertainty.     

基于模糊综合方法的工业污水环境安全影响评价研究

在综合分析水环境影响因素的基础上,应用模糊综合评价方法对工业污水环境安全影响进行了研究。首先构建工业污水污染程度模糊综合评价的数学模型,然后利用综合评价方法对污水中重金属污染程度进行有效评价。研究结果表明:模糊综合评价方法可以全面考虑企业排放废水中影响环境安全的各种因素,充分体现评价因素和评价过程所固有的模糊性,适用于复杂参数水环境的不确定分析与评价,可以有效地评价水的质量;将模糊评价方法引入工业污水对环境安全影响的评价体系,是污水处理评价发展的一个新方向和新领域,它是污水处理评价方法的补充和完善,在该领域具有广阔的应用前景。     

DETERMINATION OF SEDIMENT YIELD BY TRANSFERRING RAINFALL DATA1

ABSTRACT: A methodology for obtaining the optimal design value to allow for sediment storage in a reservoir is presented for the situation where no data on sediment loads in the incoming streams are available. Information concerning the amount of sediment delivered to the reservoir over its life-time is obtained by a sediment yield model which uses data on rainfall amount and duration obtained from a nearby experimental watershed. Bayesian Decision Theory is used to obtain the optimal storage requirements in order to consider the natural variation of rainfall and the sampling error due to the short rainfall record available. The normally difficult calculations involved were made tractable by the use of simplifications and approximations valid in the context of the problem. Results show that sediment storage requirements can be calculated in this manner and that consideration of the uncertainties involved leads to a storage requirement substantially larger than that calculated without such consideration.     

中小企业的安全投入行为研究

在分析安全事故的"外部性"和"不确定性"特征的基础上,探讨安全事故的特征对企业安全投入行为的影响。我国中小企业安全投入不足的原因甚多:员工生命价值低估导致人员伤亡赔偿偏低、我国劳动力供大于求的现状、中小企业安全投资决策缺乏科学性等。我国劳动力市场供大于求的状况短期内无法改变,只能通过强化政府的激励和监管作用,促进中小企业建立科学的安全投资决策支持系统,以提高中小企业安全投入水平。     

一种湿度计的校准方法——测量不确定度分析校准法

本文提出了校准湿度计的一种新方法一测量不确定度分析校准法，以利用5121湿度发生器校准可输出（0-5）V的湿度传感器的基本误差为例,介绍了其校准方法确定了该方法校准湿度计的置信度和准确葭：