Abstract

In this paper, we introduce a compromise programming (CP) framework for solving a multi-objective two-stage stochastic unit commitment problem characterized by high penetration of wind power. The proposed framework aims at finding best-compromise Pareto efficient on/off schedules, accounting for wind and power demand uncertainties: such solutions must trade off the three objectives of operating cost, CO2 emissions, and wind power curtailment in accordance to the decision maker preferences. To achieve this, we introduce a practical procedure to compute the ideal and Nadir points associated to the multi-objective two-stage stochastic unit commitment problem and propose a linearized l(1) norm-based compromise program to design best-compromise on/off schedules that correspondingly minimize and maximize their weighted distances to the ideal point and to the Nadir point, considering the preference weights assigned by the decision maker to each of the three objective functions. The proposed CP framework is applied to a case study related to the New England IEEE-39 bus test system. The results show that, compared to the schedule obtained through the traditional minimization of operating cost, the designed best-compromised schedules considerably improve CO2 emissions reduction and wind power curtailment performance by conservatively sacrificing operating cost performance.