Multi-Stage Distributionally Robust Stochastic Dual Dynamic Programming to Multi-Period Economic Dispatch With Virtual Energy Storage

A virtual energy storage (VES) model is proposed in this paper to accommodate renewable energy under a special market regulation. Such VESs can provide or consume electricity to the main power grid under the premise that the daily net electricity energy is balanced. Furthermore, a multi-stage distributionally robust optimization (MSDRO) model is set up in this paper to address the temporal uncerta...