Reliability Constrained Energy and Reserve Scheduling of Microgrids Including High Penetration of Renewable Resources

Due to environmentally and economically advantages, high deployment of renewable energy sources (RES) such as wind or photovoltaic (PV) units in Microgrids (MG) has been increasing in recent decades. On the other hand, random and uncertain nature of the RES poses a challenge to Microgrid operators (MGO) for energy and reserve scheduling considering reliability constraints. To address this problem, a novel probabilistic energy and reserve scheduling method is proposed in this paper. The proposed method maximizes the Microgrid net benefit and reliability so that the optimal requirement reserve is determined by a tradeoff between reliability and economics.