_:ne2337c7580234b18840700f3ee66f1afxb11
<http://schema.org/description>
"Mitigating climate change requires a transition away from fossil fuels\ntowards renewable energy. As a result, power generation becomes more volatile\nand options for microgrids and islanded power-grid operation are being broadly\ndiscussed. Therefore, studying the power grids of physical islands, as a model\nfor islanded microgrids, is of particular interest when it comes to enhancing\nour understanding of power-grid stability. In the present paper, we investigate\nthe statistical properties of the power-grid frequency of three island systems:\nIceland, Ireland, and the Balearic Islands. We utilise a Fokker-Planck approach\nto construct stochastic differential equations that describe market activities,\ncontrol, and noise acting on power-grid dynamics. Using the obtained parameters\nwe create synthetic time series of the frequency dynamics. Our main\ncontribution is to propose two extensions of stochastic power-grid frequency\nmodels and showcase the applicability of these new models to non-Gaussian\nstatistics, as encountered in islands."
<https://api.deepai.org/profile/oliver-kamps>