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 7 December 2023

Groupe de travail Economie Comportementale

Vincent Lenglin (Université Catholique de Lille)

How Do We Apply Self-Protection to Others?

Thursday 7 December 2023

How Do We Apply Self-Protection to Others?

Vincent Lenglin (Université Catholique de Lille)

How Do We Apply Self-Protection to Others?

Thursday 7 December 2023

Explaining economic performances in the French employment zone: spatial externalities and related variety

Emmanuelle Faure

Explaining economic performances in the French employment zone: spatial externalities and related variety

Thursday 7 December 2023

Doctorants

Emmanuelle Faure

Explaining economic performances in the French employment zone: spatial externalities and related variety

Monday 11 December 2023

Law, Institutions and Economics in Nanterre (LIEN)

Bastien Michel (LEMNA, Nantes)

Measuring the Impact of Incarceration on Recidivism in Denmark

Monday 11 December 2023

Measuring the Impact of Incarceration on Recidivism in Denmark

Bastien Michel (LEMNA, Nantes)

Measuring the Impact of Incarceration on Recidivism in Denmark

Wednesday 13 December 2023

Économies du monde musulman

Chahir Zaki (LEO, Université d’Orléans)

Dette en Egypte : conjoncture défavorable ou structure vulnérable ?

Wednesday 13 December 2023

Dette en Egypte : conjoncture défavorable ou structure vulnérable ?

Chahir Zaki (LEO, Université d’Orléans)

Dette en Egypte : conjoncture défavorable ou structure vulnérable ?

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