top of page

Grid Resilience through Risk-Managed Power Flow Optimization

This project developed a risk-managed optimization framework to improve grid stability under renewable energy uncertainty. By integrating risk-aware dispatch modeling, it enables utilities to proactively mitigate violations and enhance reliability.

Challenge

Managing renewable generation fluctuations while ensuring grid stability.


Approach (Methodology & Analysis)

1. Development of a Risk-Managed Framework for Power Systems

  • Proposed a Steady-State Risk Analysis and Mitigation Framework to assess the impact of renewable energy uncertainty on power system reliability.

  • Integrated Risk-Managed Steady-State Analysis (RMSA) and Risk-Managed Steady-State Optimization (RMSO) to quantify violation risks and optimize grid operations.


2. Risk-Managed Steady-State Analysis (RMSA) for Grid Viability

  • Developed a worst-case scenario analysis to evaluate system operating limit violations due to renewable power fluctuations.

  • Compared Monte Carlo Simulation (MCS) results with RMSA estimates to validate accuracy and computational efficiency.

  • Used bus voltage magnitude and line flow exceedance  as primary performance metrics for grid security assessment.


3. Risk-Managed Steady-State Optimization (RMSO) for Grid Stability

  • Designed a nonlinear optimization model to redispatch power generation and mitigate worst-case violations.

  • Used the Interior Point OPTimizer (IPOPT) to ensure feasible solutions while minimizing deviations from scheduled dispatch.

  • Evaluated RMSO across hundreds of grid scenarios, including a 2030 synthetic New York power system model, to assess real-world feasibility.


4. Application to Large-Scale Transmission Systems

  • Applied the Solver for Uncertainty in Power and Energy Resources (SUPER) to automate RMSA and RMSO simulations.

  • Assessed the effectiveness of the model by analyzing New York’s Independent System Operator (NYISO) grid, identifying violations in 6 critical locations.


Key Findings & Insights

RMSA Provides Faster and More Accurate Risk Predictions

  • Up to 21x speedup over Monte Carlo Simulation, making it suitable for real-time operations.

  • Predicts worst-case power deviations with high accuracy, reducing the need for computationally expensive contingency simulations.


RMSO Prevents Grid Violations with Minimal Dispatch Adjustments

  • Successfully redispatched power generation in 100% of test cases without exceeding system operating limits.

  • Only 0.003% deviation in generation schedules, ensuring minimal disruption to planned dispatch.


Data-Driven Decision-Making is Critical for Grid Reliability

  • Worst-case risk modeling can preemptively identify vulnerabilities, allowing grid operators to prioritize risk mitigation efforts.

  • The RMSO framework demonstrated cost-effective redispatching, avoiding expensive last-minute real-time energy procurement.


Read the full paper
Strengthen your grid with cutting-edge energy technology and risk-managed energy solutions—schedule a consultation to enhance resilience and optimize power flow.
Latimer Enterprises

Empowering people with secure, independent, affordable, and safe energy solutions.

  • LinkedIn
  • Youtube
Quick Links

Stay Energized with Latimer Enterprises

Learn about our latest activities and get our energy insights, delivered regularly to your inbox.

© 2025 Latimer Enterprises LLC. All Rights Reserved.
bottom of page