M7 - Economic Dispatch with Renewables
Learning Objectives
In this module we will discuss how increased renewable energy penetration will pose new challenges to operation and scheduling of power plants. The learning outcomes of this module are:
- Understand the economic dispatch problem definition;
- Understand the challenged posed by renewables and storage - how present decisions impact future cost and increased uncertainty;
- Discuss ways to handle uncertainty in decision problems;
- Formulate the stochastic hydro-thermal scheduling problem (HTSP).
Slides
Here is a link to the slide deck used in class.
Recordings
Resources
Topics for Discussion/Reflection
Deliverables
For this module you will do a journal entry using Sakai discussion. Here is the journal entry J4 link. The due date for J4 is Tuesday Oct 25th for journal entries and Friday Oct 28th for journal comments.