They organize the main topics of PSR’s activities in the energy sector.
They represent practical applications within each area of expertise.
Explore SDDP 18: Now an Integrated Energy Planning Platform
SDDP is a stochastic dispatch model for electric power systems, with a detailed representation of transmission and fuel networks. It is used in long, medium, and short-term operational studies, being highly flexible regarding temporal and spatial detail levels. SDDP determines the optimal operating policy for systems involving various types of technologies.
Variable production coefficient, evaporation, seepage, uncontrollable spill, etc.
Unit dispatch, combined cycle thermal power plants, non-linear specific consumption curve, fuel contracts.
Detailed modeling and production of synthetic scenarios for variable renewable energy sources with Time Series Lab.
Regulations to reduce energy waste and environmental impact through power generation optimization.
Price response, signals by segment, by system, area, or bus level.
Stochastic reliability study focusing on renewable sources and storage using Coral.
Storage capacity, charge and discharge capabilities, efficiencies, ramp constraints.
Dynamic Probabilistic Reserve (DPR) based on renewable source scenarios.
User-defined or optimized plant maintenance.
And much more…
The objective of SDDP is to minimize the sum of fuel purchase and transportation costs for thermal power plants, pollutant emission costs, operation and maintenance costs of hydropower and thermal power plants, transmission system use fees, unsupplied energy costs, and other penalties. In other words, the model calculates the lowest-cost operating policy for the system, considering all mentioned aspects.
SDDP stands for Stochastic Dual Dynamic Programming, an algorithm developed by PSR in the 1980s to solve large-scale multi-stage optimization problems under uncertainty. It is not necessary to enumerate all combinations of reservoir levels, and the approximation of the future cost function is done through a Benders decomposition scheme.
The SDDP algorithm has been extended to various areas and has become the industry standard globally, with over 1,700 citations in scientific literature. It has been successfully applied for over thirty years in the optimal stochastic medium and long-term scheduling of highly complex real systems, with multi-scale storage and probabilistic modeling, such as hydrological inflows, renewable intermittency, demand, and fuel prices.