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An improved versatile distribution for wind power is proposed, with higher representation accuracy and more suitable applications in economic dispatch (ED) compared with Versatile distribution. Further, versatile mixture distribution (VMD) is proposed to represent all possible wind power distribution with customized arbitrary errors. Compared with Gaussian Mixture distribution (GMD), it has more flexible...
For micro-grid system under isolated and parallel operation mode, two kinds of economic dispatch operation model are established. The objective function of the model is formulated considering time-of-use (TOU) price and the electric energy transaction. The theory of particle swarm optimization (PSO) is proposed, and the key parameters are improved to enhance the performance of the algorithm. An actual...
This paper proposes a real-time dynamic load dispatch with wind power participation method, which is able to minimize the generate cost of power systems with large-scale wind power integration. Firstly, wind power is modeled using versatile probability distribution. Then, real-time dynamic economic dispatch with wind power participation model is established. Using the corrective equal incremental...
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