Preliminary Results of Advanced Heuristic Optimization in the Risk-based Energy Scheduling Competition

Abstract

In this paper, multiple evolutionary algorithms are applied to solve an energy resource management problem in the day-ahead context involving a risk-based analysis corresponding to the proposed 2022 competition on evolutionary computation. We test numerous evolutionary algorithms for a risk-averse day-ahead operation to show preliminary results for the competition. We use evolutionary computation to follow the competition guidelines. Results show that the HyDE algorithm obtains a better solution with lesser costs when compared to the other tested algorithm due to the minimization of worst-scenario impact.This research has received funding from FEDER funds through the Operational Programme for Competitiveness and Internationalization (COMPETE 2020), under Project POCI-01-0145-FEDER-028983; by National Funds through the FCT Portuguese Foundation for Science and Technology, under Projects PTDC/EEI-EEE/28983/2017 (CENERGETIC), CEECIND/02814/2017, UIDB/000760/2020, and UIDP/00760/2020