Day-Ahead Planning and Scheduling of Wind/Storage Systems Based on Multi-Scenario Generation and Conditional Value-at-Risk

The volatility and uncertainty of wind power output pose significant challenges to the safe and stable operation of power systems. To enhance the economic efficiency and reliability of day-ahead scheduling in wind farms, this paper proposes a day-ahead planning and scheduling method for wind/storage...

Full description

Saved in:
Bibliographic Details
Main Authors: Jianhong Zhu, Shaoxuan Chen, Caoyang Ji
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/15/10/5386
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The volatility and uncertainty of wind power output pose significant challenges to the safe and stable operation of power systems. To enhance the economic efficiency and reliability of day-ahead scheduling in wind farms, this paper proposes a day-ahead planning and scheduling method for wind/storage systems based on multi-scenario generation and Conditional Value-at-Risk (CVaR). First, based on the statistical characteristics of historical wind power forecasting errors, a kernel density estimation method is used to fit the error distribution. A Copula-based correlation model is then constructed to generate multi-scenario wind power output sequences that account for spatial correlation, from which representative scenarios are selected via K-means clustering. An objective function is subsequently formulated, incorporating electricity sales revenue, energy storage operation and maintenance cost, initial state-of-charge (<i>SOC</i>) cost, peak–valley arbitrage income, and penalties for schedule deviations. The initial <i>SOC</i> of the storage system is introduced as a decision variable to enable flexible and efficient coordinated scheduling of the wind/storage system. The storage system is implemented using a 1500 kWh/700 kW lithium iron phosphate (LiFePO<sub>4</sub>) battery to enhance operational flexibility and reliability. To mitigate severe profit fluctuations under extreme scenarios, the model incorporates a CVaR-based risk constraint, thereby enhancing the reliability of the day-ahead plan. Finally, simulation experiments under various initial <i>SOC</i> levels and confidence levels are conducted to validate the effectiveness of the proposed method in improving economic performance and risk management capability.
ISSN:2076-3417