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The goal of this paper is to publish the first results of the e-balance project. This project is strictly related to the Smart Grid (SG) development and dedicated to the issue of local energy management with possibly high saturation of Distributed Energy Resources (DER) and different levels of availability of smart appliances at homes. Different aspects of this issue are addressed by the project,...
This paper presents an algorithm to solve a unit commitment problem that takes into account the uncertainty in the demand. This uncertainty is included in the optimization problem as a joint chance constraint that bounds the minimum value of the probability to jointly meet the deterministic power balance constraints. The demand is modeled as a multivariate, normally distributed, random variable and...
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