Incorporating energy storage into probabilistic security-constrained unit commitment

System operators still rely on deterministic criteria such as the N - 1 (i.e. the system would be able to withstand the outage of any single component without any load shedding) to hedge the system against contingencies. While simple and practical, this criterion miscalculates the actual amount of reserve required since it ignores the probability of contingency occurrence. Therefore, this criterio...