Abstract

This paper focuses on the global optimality of the relaxed solutions of a multi-timescale co-optimization problem. The proposed co-optimization framework involves the multi-timescale co-optimization of distribution feeder reconfiguration with the optimal dispatch of traditional voltage regulating devices and utility-scale distributed energy resources. The on-load tap changer (OLTC) is scheduled on an hourly basis while the potential of fast-acting battery energy storage system and photovoltaic inverters is exploited by dispatching them on a 20-min basis. The optimal switching plan is computed on a daily basis. The proposed multi-timescale co-optimization model is formulated as a mixed-integer second-order cone program to achieve global optimum. The objective is to reduce power losses and improve load balancing among feeders. The proposed co-optimization framework satisfies the grid security constraints by employing the accurate DistFlow branch equations and exact linearization of the OLTC model. To ensure radiality, the limitation of widely used spanning tree constraints is addressed by combining them with single-commodity flow constraints. The simulation results demonstrate the feasibility (hence global optimality) of the relaxed solutions computed by the co-optimization framework.

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