Joint research unit 7235

Trajectory Based Distributionally Robust Optimization Applied to the Case of Electricity Facilities Investment with Significant Penetration of Renewables

Arash Farnoosh, Pierre Cayet

As large scale penetration of renewables into electric systems requires increasing flexibility from dispatchable production units, the electricity mix must be adapted to brutal variations of residual demand. Using tools from distributionally robust optimization (DRO), we propose a trajectory ambiguity set including residual demand trajectories answering both support and variability criterion using quantile information, and approximate the level-maximizing and variability-maximizing residual demand trajectories using two simple algorithms. These two limiting trajectories allow us to make investment decisions robust to extremely high levels and brutal variations of residual demand. We provide a numerical experiment using a MILP investment and unit commitment model in the case of France and discuss the results.

AGENDA

Thursday 9 February 2023

Gender, competitiveness, and reaction to defeat

Claire Mollier

Gender, competitiveness, and reaction to defeat

Thursday 9 February 2023

Doctorants

Claire Mollier

Gender, competitiveness, and reaction to defeat

Friday 10 February 2023

Colloques et Workshops

Digital Economics Workshop

Friday 10 February 2023

Colloques et Workshops

Digital Economics Workshop

Tuesday 14 February 2023

Recherche et Economie et Socioéconomie Politique, des Institutions et des Régulations (RESPIR)

Thibault Mirabel

Firms and Cooperatives: The Social Organizations of Production in Market Economies

Tuesday 14 February 2023

Firms and Cooperatives: The Social Organizations of Production in Market Economies

Thibault Mirabel

Firms and Cooperatives: The Social Organizations of Production in Market Economies

Wednesday 15 February 2023

Pratique du Takaful en France: l’expérience de SAAFI

Ezzedine GHLAMALLAH (CERGAM, Université Aix-Marseille)

Pratique du Takaful en France: l’expérience de SAAFI

Wednesday 15 February 2023

Économies du monde musulman

Ezzedine GHLAMALLAH (CERGAM, Université Aix-Marseille)

Pratique du Takaful en France: l’expérience de SAAFI

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