Distributed Stochastic ACOPF Based on Consensus ADMM and Scenario Reduction

Abstract

This paper presents a Consensus ADMM-based modeling and solving approach for the stochastic ACOPF. The proposed optimization model considers the load forecasting uncertainty and its induced load-shedding cost via Monte Carlo sampling. The sampled scenarios are reduced using a clustering method combined with simultaneous backward reduction techniques to reduce the computational complexity. The proposed approach is tested on two IEEE systems, achieving about 2% cost reduction and more than 15 times lower reliability index in stochastic load settings compared to the baseline approach.