A "SuperOPF" Framework

TitleA "SuperOPF" Framework
Publication TypeReport
Year of Publication2008
AuthorsAlberto J Lamadrid, Surin Maneevitjit, Timothy D Mount, Carlos E Murillo-Sanchez, Robert J Thomas, Ray D Zimmerman
Date Published12/2008
KeywordsMarket mechanisms, reliability and markets, reliability management, RM05-003, SuperOPF

The objective of the SuperOPF project is to develop a framework that will provide proper allocation and valuation of resources through true co-optimization across multiple scenarios. Instead of solving a sequence of simpler and approximate sub-problems, the SuperOPF approach combines as much as possible into a single mathematical programming framework, with a full AC network and simultaneous co-optimization across multiple scenarios with stochastic costs.

This effort involves development of the problem formulations, implementation of research grade software codes, and testing of the methods and algorithms on a range of case studies to demonstrate their added value over currently available tools.