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Uncertainty Sets For Wind Power Generation (1504.06012v3)
Published 23 Apr 2015 in math.OC
Abstract: As penetration of wind power generation increases, system operators must account for its stochastic nature in a reliable and cost-efficient manner. These conflicting objectives can be traded-off by accounting for the variability and uncertainty of wind power generation. This letter presents a new methodology to estimate uncertainty sets for parameters of probability distributions that capture wind generation uncertainty and variability.
