Visualising risk in generating capacity adequacy studies using clustering and prototypes
File(s)Visualising using clustering and prototypes final.pdf (2.5 MB)
Accepted version
Author(s)
Tindemans, SH
Strbac, G
Type
Conference Paper
Abstract
Generating capacity adequacy studies play a significant
role in long term capacity planning. Risks of capacity
deficits are usually reported in the form of one or more average
quantities, which cannot fully convey the nature of the risks
being faced. Chronological Monte Carlo simulations may be used
to construct comprehensive multi-dimensional risk profiles, but
such profiles tend to be difficult to interpret. This paper proposes
the use of a clustering method to partition the risk profile into
clusters of similar outcomes with associated probabilities. The
results are presented in accessible tabular form, and prototypical
scenarios can be analysed in detail to provide further insight.
role in long term capacity planning. Risks of capacity
deficits are usually reported in the form of one or more average
quantities, which cannot fully convey the nature of the risks
being faced. Chronological Monte Carlo simulations may be used
to construct comprehensive multi-dimensional risk profiles, but
such profiles tend to be difficult to interpret. This paper proposes
the use of a clustering method to partition the risk profile into
clusters of similar outcomes with associated probabilities. The
results are presented in accessible tabular form, and prototypical
scenarios can be analysed in detail to provide further insight.
Date Issued
2015-07-26
Date Acceptance
2015-02-28
Citation
2015 IEEE Power & Energy Society General Meeting, 2015
Publisher
IEEE
Journal / Book Title
2015 IEEE Power & Energy Society General Meeting
Copyright Statement
© 2015 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
Source
IEEE Power and Energy Society General Meeting, 2015
Publication Status
Published
Start Date
2015-07-27
Finish Date
2015-07-30
Coverage Spatial
Denver, CO