Download or read book Stochastic Optimization for Distributed Energy Resources in Smart Grids written by Yuanxiong Guo and published by Springer. This book was released on 2017-06-21 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brief focuses on stochastic energy optimization for distributed energy resources in smart grids. Along with a review of drivers and recent developments towards distributed energy resources, this brief presents research challenges of integrating millions of distributed energy resources into the grid. The brief then proposes a novel three-level hierarchical architecture for effectively integrating distributed energy resources into smart grids. Under the proposed hierarchical architecture, distributed energy resource management algorithms at the three levels (i.e., smart home, smart neighborhood, and smart microgrid) are developed in this brief based on stochastic optimization that can handle the involved uncertainties in the system.