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Showing 1 to 1 of 1 for “"Component outages uncertainty"”.
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Integrated Microgrid Expansion Planning and Policy Making under Uncertainty in Power Electricity Market
… terms of uncertainties such as load growth and component power outage. To incorporate the uncertain parameters into the optimization model, a two-stage stochastic optimization approach is proposed. The objective of the model is to maximize the expected revenue from power companies, while …