Multi objective approach for tactical capacity management of distributed generation

Abstract

Stakeholders in an electricity system can have different objectives. For this reason, in this paper a model is presented that can handle uncertainty in demand and supply and can do multi-objective analysis to show the sensitivity of the capacity management to the different objectives. Four possible objectives are presented to be considered by the model: Self-sufficiency rate, Maximum Import, Overcapacity and Return on investment. A case study is presented to show the capabilities of the model and give some results and insight into a particular case study.