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Abstract

Traditional power system planning methods are often based on deterministic assumptions, which cannot effectively address the uncertainties brought by high proportions of renewable energy sources. This may result in insufficient power supply or wasted resources. This paper proposes a novel optimization planning method for power systems, combining a hierarchical Copula model with a comprehensive risk assessment approach. The aim is to optimize the balance between investment costs and operational risks in large-scale power systems. The hierarchical Copula model is employed to handle the spatial correlation and temporal dependence between wind power, photovoltaic power, and load. Multiple joint scenarios are generated using the Monte Carlo method to reflect the complex interactions between different geographic locations, providing more comprehensive data support for risk assessment. Additionally, a CVaR-based comprehensive risk assessment method is used to quantify the risks of power loss and resource wastage, which are then integrated into a comprehensive risk indicator through weighted aggregation. An optimization framework considering supply–demand probability balance constraints is proposed, allowing for supply–demand balance at a certain probability level. Benders decomposition is used to improve computational efficiency. Simulation results show that, compared to traditional methods, the proposed model significantly reduces the curtailment rate and supply–demand imbalance frequency, improving the system’s adaptability to uncertainties and extreme scenarios.

Details

1009240
Business indexing term
Company / organization
Title
Optimization Planning of a New-Type Power System Considering Supply–Demand Probability Balance
Author
Liang, Feng 1 ; Mu, Ying 2 ; Zhang Dongliang 2 ; Guan Dashun 2 ; Bian Dunxin 1 

 School of Electrical and Electronic Engineering, Shandong University of Technology, Zibo 255000, China; [email protected] 
 Economic and Technological Research Institute, State Grid Shandong Electric Power Company, Jinan 250000, China; [email protected] (Y.M.); [email protected] (D.Z.); [email protected] (D.G.) 
Publication title
Processes; Basel
Volume
13
Issue
11
First page
3564
Number of pages
24
Publication year
2025
Publication date
2025
Publisher
MDPI AG
Place of publication
Basel
Country of publication
Switzerland
Publication subject
e-ISSN
22279717
Source type
Scholarly Journal
Language of publication
English
Document type
Journal Article
Publication history
 
 
Online publication date
2025-11-05
Milestone dates
2025-10-16 (Received); 2025-11-01 (Accepted)
Publication history
 
 
   First posting date
05 Nov 2025
ProQuest document ID
3275550323
Document URL
https://www.proquest.com/scholarly-journals/optimization-planning-new-type-power-system/docview/3275550323/se-2?accountid=208611
Copyright
© 2025 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.
Last updated
2025-11-26
Database
ProQuest One Academic