Proceedings of the 23rd Power Systems Computation Conference - PSCC 2024 »
Multistage Stochastic Program for Mitigating Power System Risks under Wildfire Disruptions
The frequency of wildfire disasters has surged fivefold in the past 50 years due to climate change. Preemptive de-energization is a potent strategy to mitigate wildfire risks but substantially impacts customers. We propose a multistage stochastic programming model for proactive de-energization planning, aiming to minimize economic loss while accomplishing a fair load delivery. We model wildfire disruptions as stochastic disruptions with varying timing and intensity, introduce a cutting-plane decomposition algorithm, and test our approach on the RTS-GLMC test case. Our model consistently offers a robust and fair de-energization plan that mitigates wildfire damage costs and minimizes load-shedding losses, particularly when pre-disruption restoration is considered.