Equity-aware Load Shedding Optimization (2406.17877v1)

Abstract: Load shedding is usually the last resort to balance generation and demand to maintain stable operation of the electric grid after major disturbances. Current load-shedding optimization practices focus mainly on the physical optimality of the network power flow. This might lead to an uneven allocation of load curtailment, disadvantaging some loads more than others. Addressing this oversight, this paper introduces an innovative equity-aware load-shedding optimization model that emphasizes a fair allocation of load curtailment across the network. By proposing a novel equity indicator for load shedding and integrating it into an ACOPF-based optimization framework, we offer grid operators a more balanced and equitable load shedding strategy. Case studies highlight the importance of equity considerations in determining optimal load curtailment between buses.