# Scenario-based Economic Dispatch with Uncertain Demand Response

arXiv: https://arxiv.org/abs/1711.11441 · HTML: https://mlsanity.com/paper/1711.11441/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 29 Nov 2017.

## Built on by (most cited first, 1 of 1)

- [Energy System Digitization in the Era of AI: A Three-Layered Approach towards Carbon Neutrality](https://mlsanity.com/paper/2211.04584/) (2022)

## Abstract (arXiv)

This paper introduces a new computational framework to account for uncertainties in day-ahead electricity market clearing process in the presence of demand response providers. A central challenge when dealing with many demand response providers is the uncertainty of its realization. In this paper, a new economic dispatch framework that is based on the recent theoretical development of the scenario approach is introduced. By removing samples from a finite uncertainty set, this approach improves dispatch performance while guaranteeing a quantifiable risk level with respect to the probability of violating the constraints. The theoretical bound on the level of risk is shown to be a function of the number of scenarios removed. This is appealing to the system operator for the following reasons: (1) the improvement of performance comes at the cost of a quantifiable level of violation probability in the constraints; (2) the violation upper bound does not depend on the probability distribution assumption of the uncertainty in demand response. Numerical simulations on (1) 3-bus and (2) IEEE 14-bus system (3) IEEE 118-bus system suggest that this approach could be a promising alternative in future electricity markets with multiple demand response providers.
