Review Article

Survey on Complex Optimization and Simulation for the New Power Systems Paradigm

Table 3

Summary of energy scheduling models: technical and economic aspects.

Ref.Technical aspectsEconomic aspects
Power lossesVoltage controlOther1

[55]NoNoNoThe goal of the aggregator is to minimize purchases in the spot market.
[49]YesYesNoExpected operational costs over the next 24 hours.
[59]NoNoNoMaximize system utility.
[54]NoNoYesFinancial aspects (costs) but also environmental and reliability.
[50]NoNoYesMaximize profits of microgrid considering building dynamics.
[56]YesYesNoExpected operation costs over the next 24 hours.
[57]NoNoNoMaximize expected profits over the next 24 hours.
[58]NoNoNoMinimize expected costs.
[60]NoNoNoMaximize operation revenue.
[51]NoNoNoMaximize profit over the scheduling horizon.
[52]NoNoNoMaximize utility function in day-ahead and real-time markets.
[53]NoNoNoMaximize profit in the day-ahead and balancing market.
[45]NoNoNoMinimize expected operation costs.
[62]NoNoNoMinimize household energy costs under DR programs.
[38]NoNoNoMaximize aggregator profit and EV user charging opportunity.
[47]YesYesYesMaximize aggregator profit.
[7]NoNoNoMinimize aggregator operation costs and suitable remuneration groups.
[46]YesYesNoMinimize operation costs considering market transactions.
[61]NoNoNoMaximize aggregator payoff considering price risk.
[48]NoNoNoMaximize domestic energy profit.

1Fault location, network restoration, and island operation.