
being able to cover the user demand, or on the
contrary, by presenting a relatively low CVaR
compared to its VaR, it indicates stability in the
system by being able to meet the user's needs, and
could also lend itself to the installation of a battery
bank for reserve use. Due to the high probability of
generation.
In the context of a photovoltaic system, a high
CVaR could be interpreted as the average of the
generated power that is expected to be lost in cases
where the generated power falls below the level
established by the VaR. It is a useful measure for
understanding additional risk beyond VaR and can
be used to make informed decisions about risk
management strategies.
The operator's point of view is an important
piece of information because the cost of the
overestimated/underestimated risk would depend on
the element or system to be analyzed as it is
associated with the risk that it presents in its
operation. Both the analytical method and the
proposed method about risk present very acceptable
values compared to the MC simulation, however,
the determination of risks helps the operator to
improve the system. The decision-making that the
operator, in charge of the electrical system, makes is
vital for the stability of the system itself and even
more so having a criterion of the estimated risk,
presenting the possibility of helping to better
manage the energy generated, stored, or required,
however , the use of this analysis could present
certain limitations due to the different systems being
analyzed and even more so if they are analyzed
together, as presented in the wind analysis (section
3.2), which is why the point of view of the operator
in charge of the system is of vital importance for the
formulation of the problem.
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