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Towards uncertainty in micro-grids
Descriptive
TitleInfo
Title
Towards uncertainty in micro-grids
SubTitle
planning, control and investment
Name
(type = personal)
NamePart
(type = family)
Farzan
NamePart
(type = given)
Farnaz
NamePart
(type = date)
1982-
DisplayForm
farnaz farzan
Role
RoleTerm
(authority = RULIB)
author
Name
(type = personal)
NamePart
(type = family)
Jafari
NamePart
(type = given)
Mohsen A
DisplayForm
Mohsen A Jafari
Affiliation
Advisory Committee
Role
RoleTerm
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chair
Name
(type = personal)
NamePart
(type = family)
Masiello
NamePart
(type = given)
Ralph
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Ralph Masiello
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
co-chair
Name
(type = personal)
NamePart
(type = family)
Boucher
NamePart
(type = given)
Thomas
DisplayForm
Thomas Boucher
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
internal member
Name
(type = personal)
NamePart
(type = family)
Wang
NamePart
(type = given)
Honggang
DisplayForm
Honggang Wang
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
internal member
Name
(type = personal)
NamePart
(type = family)
Lu
NamePart
(type = given)
Yan
DisplayForm
Yan Lu
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
outside member
Name
(type = corporate)
NamePart
Rutgers University
Role
RoleTerm
(authority = RULIB)
degree grantor
Name
(type = corporate)
NamePart
Graduate School - New Brunswick
Role
RoleTerm
(authority = RULIB)
school
TypeOfResource
Text
Genre
(authority = marcgt)
theses
OriginInfo
DateCreated
(qualifier = exact)
2013
DateOther
(qualifier = exact);
(type = degree)
2013-01
Place
PlaceTerm
(type = code)
xx
Language
LanguageTerm
(authority = ISO639-2b);
(type = code)
eng
Abstract
(type = abstract)
The advent of micro-grids and their potential participation in the wholesale market makes the development of new business models necessary. It is anticipated that the future wholesale market for electricity and its ancillary services will include the existing major players as well as microgrids, which will act both as buyers and sellers. The wholesale market will shift more towards a distributed system with the centers of gravity dynamically changing depending on how the smaller micro-grids play out their supply and demand and also how the market aggregation takes place. Having the obligation to fully satisfy its demand at each point of time, any shortage in available power supply within the micro-grid will lead to the purchase of electricity from the macro-grid at spot market price. The sources of variability rising from the forecast of renewable energy resources and electricity demand, would introduce uncertainty in making decisions at planning layer. Also, a micro-grid may fail to honor its contractual obligations to supply to the market due to these volatilities.To optimize the planning and operation of micro-grids, it is important for the planner and controller to take into account uncertainties inherent to the microgrid and the overall supply and demand network, including the energy market place. With high capital costs involved in building a micro-grid, sequential investment strategies, which promote gradual increase in capacity of generation, are needed. This work aims to develop a set of models and tools that address the optimal decision-making processes involved in both operation and investment in micro-grids. These models account for short-term operational and long-term investment uncertainties in decision making and adopt the following analytics: Two-stage stochastic programming and certainty equivalent models to obtain optimal decisions for day-ahead planning in micro-grid’s operation; Contingent claim analysis and Monte Carlo simulation to examine the value in delaying the investment due to uncertainty around the investment; Capital budget planning model along with Monte Carlo stochastic scenario generation to derive the optimal investment decisions for micro-grid’s portfolio considering its optimal operation under uncertainty.
Subject
(authority = RUETD)
Topic
Mechanical and Aerospace Engineering
RelatedItem
(type = host)
TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier
(type = RULIB)
ETD
Identifier
ETD_1320
PhysicalDescription
Form
(authority = gmd)
electronic resource
InternetMediaType
application/pdf
InternetMediaType
text/xml
Extent
xiv, 153 p. : ill.
Note
(type = degree)
M.S.
Note
(type = bibliography)
Includes bibliographical references
Note
(type = statement of responsibility)
by Farnaz Farzan
Subject
(authority = ETD-LCSH)
Topic
Electric industries--Equipment and supplies
Subject
(authority = ETD-LCSH)
Topic
Supply and demand
Identifier
(type = hdl)
http://hdl.rutgers.edu/1782.1/rucore10001600001.ETD.000067766
RelatedItem
(type = host)
TitleInfo
Title
Graduate School - New Brunswick Electronic Theses and Dissertations
Identifier
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rucore19991600001
Location
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(displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier
(type = doi)
doi:10.7282/T3XS5T3K
Genre
(authority = ExL-Esploro)
ETD graduate
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Rights
RightsDeclaration
(ID = rulibRdec0006)
The author owns the copyright to this work.
RightsHolder
(type = personal)
Name
FamilyName
farzan
GivenName
farnaz
Role
Copyright Holder
RightsEvent
Type
Permission or license
DateTime
(encoding = w3cdtf);
(qualifier = exact);
(point = start)
2013-01-07 12:56:33
AssociatedEntity
Name
farnaz farzan
Role
Copyright holder
Affiliation
Rutgers University. Graduate School - New Brunswick
AssociatedObject
Type
License
Name
Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
RightsEvent
DateTime
(encoding = w3cdtf);
(qualifier = exact);
(point = start)
2013-01-31
DateTime
(encoding = w3cdtf);
(qualifier = exact);
(point = end)
2013-08-02
Type
Embargo
Detail
Access to this PDF has been restricted at the author's request. It will be publicly available after August 2nd, 2013.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
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Technical
RULTechMD
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ContentModel
ETD
OperatingSystem
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windows xp
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