Stochastic MPC for real-time market-based optimal power dispatch.

Panagiotis Patrinos Sergio Trimboli Alberto Bemporad

Published in: CDC/ECC (2011)

Keyphrases

real time
worst case
electricity markets
risk neutral
decision making
optimal solution
high reliability
state dependent
stochastic dynamic programming
power allocation
dynamic programming
high speed
stock market
optimal control
locally optimal