Holistic Energy Resource Optimization Network (HERON) is a modeling toolset and plugin for RAVEN to accelerate stochastic technoeconomic assessment of the economic viability of various grid-energy system configurations, especially with application to electrical grids and integrated energy systems (IES).
Apache License 2.0
22
stars
36
forks
source link
[TASK] Economic Uncertainty Quantification in HERON #330
Is your feature request related to a problem? Please describe.
In HERON, inputs for component cashflows (driver, reference_price, reference_driver, scaling_factor_x) can take the shape of a variety of ValuedParams ( e.g., static history or synthetic history, Function, FixedValue). Some cost values, however, have uncertainty associated with their final values and it would be great to capture this uncertainty within HERON analysis.
Describe the solution you'd like
A new ValuedParam could be introduced to consider uncertainty within an input. This uncertainty could be quantified by some sort of distribution; the desired input can take the value of a random variable sampled from said distribution. HERON can take advantage of the Monte Carlo sampling technique (already used in the inner loops of the RAVEN-runs-RAVEN workflow) to sample from these cost distributions at the same time as synthetic histories are generated from given TSA ROMs.
For Change Control Board: Issue Review
This review should occur before any development is performed as a response to this issue.
[x] 1. Is it tagged with a type: defect or task?
[x] 2. Is it tagged with a priority: critical, normal or minor?
[x] 3. If it will impact requirements or requirements tests, is it tagged with requirements?
[x] 4. If it is a defect, can it cause wrong results for users? If so an email needs to be sent to the users.
[x] 5. Is a rationale provided? (Such as explaining why the improvement is needed or why current code is wrong.)
For Change Control Board: Issue Closure
This review should occur when the issue is imminently going to be closed.
[x] 1. If the issue is a defect, is the defect fixed?
[x] 2. If the issue is a defect, is the defect tested for in the regression test system? (If not explain why not.)
[x] 3. If the issue can impact users, has an email to the users group been written (the email should specify if the defect impacts stable or master)?
[x] 4. If the issue is a defect, does it impact the latest release branch? If yes, is there any issue tagged with release (create if needed)?
[x] 5. If the issue is being closed without a pull request, has an explanation of why it is being closed been provided?
Issue Description
Is your feature request related to a problem? Please describe. In HERON, inputs for component cashflows (
driver
,reference_price
,reference_driver
,scaling_factor_x
) can take the shape of a variety of ValuedParams ( e.g., static history or synthetic history, Function, FixedValue). Some cost values, however, have uncertainty associated with their final values and it would be great to capture this uncertainty within HERON analysis.Describe the solution you'd like A new ValuedParam could be introduced to consider uncertainty within an input. This uncertainty could be quantified by some sort of distribution; the desired input can take the value of a random variable sampled from said distribution. HERON can take advantage of the Monte Carlo sampling technique (already used in the inner loops of the RAVEN-runs-RAVEN workflow) to sample from these cost distributions at the same time as synthetic histories are generated from given TSA ROMs.
For Change Control Board: Issue Review
This review should occur before any development is performed as a response to this issue.
For Change Control Board: Issue Closure
This review should occur when the issue is imminently going to be closed.