Chance Constraint Tuning for Optimal Power Flow (2005.13428v1)

Abstract: In this paper, we consider a chance-constrained formulation of the optimal power flow problem to handle uncertainties resulting from renewable generation and load variability. We propose a tuning method that iterates between solving an approximated reformulation of the optimization problem and using a posteriori sample-based evaluations to refine the reformulation. Our method is applicable to both single and joint chance constraints and does not rely on any distributional assumptions on the uncertainty. In a case study for the IEEE 24-bus system, we demonstrate that our method is computationally efficient and enforces chance constraints without over-conservatism.