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Designing a protocol to efficiently drive a stochastic system is an active field of research. Here we extend such control theory to an active Ornstein-Uhlenbeck particle (AOUP) in a bistable potential, driven by a harmonic trap. We find…

Statistical Mechanics · Physics 2023-08-15 Deepak Gupta , Sabine H. L. Klapp , David A. Sivak

Renewable energy sources such as wind and solar have received much attention in recent years and large amount of renewable generation is being integrated to the electricity networks. A fundamental challenge in power system operation is to…

Optimization and Control · Mathematics 2014-07-11 W. A. Bukhsh , C. Zhang , P. Pinson

Deregulated energy markets, demand forecasting, and the continuously increasing share of renewable energy sources call---among others---for a structured consideration of uncertainties in optimal power flow problems. The main challenge is to…

Optimization and Control · Mathematics 2018-08-24 Tillmann Mühlpfordt , Timm Faulwasser , Veit Hagenmeyer

When prices reflect all available information, they oscillate around an equilibrium level. This oscillation is the result of the temporary market impact caused by waves of buyers and sellers. This price behavior can be approximated through…

Trading and Market Microstructure · Quantitative Finance 2020-03-25 Alexander Lipton , Marcos Lopez de Prado

In power networks where multiple fuel cell stacks are employed to deliver the required power, optimal sharing of the power demand between different stacks is an important problem. This is because the total current collectively produced by…

Optimal Power Flow (OPF) is an important tool used to coordinate assets in electric power systems to ensure customer voltages are within pre-defined tolerances and to improve distribution system operations. While convex relaxations of…

Optimization and Control · Mathematics 2016-11-18 Michael D. Sankur , Roel Dobbe , Emma Stewart , Duncan S. Callaway , Daniel B. Arnold

In recent years, several applications have been proposed in the context of distribution networks. Many of these can be formulated as an optimal power flow problem, a mathematical optimization program which includes a model of the…

Optimization and Control · Mathematics 2023-08-23 Sander Claeys , Frederik Geth , Geert Deconinck

We consider the problem of the optimal trading strategy in the presence of linear costs, and with a strict cap on the allowed position in the market. Using Bellman's backward recursion method, we show that the optimal strategy is to switch…

Portfolio Management · Quantitative Finance 2012-03-28 Joachim de Lataillade , Cyril Deremble , Marc Potters , Jean-Philippe Bouchaud

As an example for the optimization of unstable flows, we present an economics-based method for deciding the optimal rates at which vehicles are allowed to enter a highway. It exploits the naturally occuring fluctuations of traffic flow and…

Statistical Mechanics · Physics 2009-10-31 Bernardo A. Huberman , Dirk Helbing

The implementation of optimal power flow (OPF) methods to perform voltage and power flow regulation in electric networks is generally believed to require extensive communication. We consider distribution systems with multiple controllable…

Machine Learning · Computer Science 2019-08-15 Roel Dobbe , Oscar Sondermeijer , David Fridovich-Keil , Daniel Arnold , Duncan Callaway , Claire Tomlin

The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…

Trading and Market Microstructure · Quantitative Finance 2023-01-30 Thibaut Théate , Antonio Sutera , Damien Ernst

We study an optimal control problem in which both the objective function and the dynamic constraint contain an uncertain parameter. Since the distribution of this uncertain parameter is not exactly known, the objective function is taken as…

Optimization and Control · Mathematics 2016-11-29 Jianxiong Ye , Lei Wang , Changzhi Wu , Jie Sun , Kok Lay Teo , Xiangyu Wang

The energetic optimization problem, e.g., searching for the optimal switch- ing protocol of certain system parameters to minimize the input work, has been extensively studied by stochastic thermodynamics. In current work, we study this…

Statistical Mechanics · Physics 2010-01-07 Linchen Gong , Ming Li , Zhong-can Ou-yang

The growing penetration of distributed energy resources (DERs) is leading to continually changing operating conditions, which need to be managed efficiently by distribution grid operators. The intermittent nature of DERs such as solar…

Systems and Control · Electrical Eng. & Systems 2022-07-21 Kshitij Girigoudar , Ashley M. Hou , Line A. Roald

We investigate how to control optimally a traffic flow through a junction on the line by acting only on speed reduction or traffic light at the junction. We show the existence of an optimal control and, under structure assumptions, provide…

Optimization and Control · Mathematics 2023-12-27 P. Cardaliaguet , P. E. Souganidis

This work proposes a novel method for scaling multi-timestep security-constrained optimal power flow in large power grids. The challenge arises from dealing with millions of variables and constraints, including binary variables and…

Optimization and Control · Mathematics 2023-11-28 Hussein Sharadga , Javad Mohammadi , Constance Crozier , Kyri Baker

We present a unified method, based on convex optimization, for managing the power produced and consumed by a network of devices over time. We start with the simple setting of optimizing power flows in a static network, and then proceed to…

Optimization and Control · Mathematics 2019-03-18 Nicholas Moehle , Enzo Busseti , Stephen Boyd , Matt Wytock

The field of optimal control typically requires the assumption of perfect knowledge of the system one desires to control, which is an unrealistic assumption for biological systems, or networks, typically affected by high levels of…

Optimization and Control · Mathematics 2021-04-28 Isaac Klickstein , Francesco Sorrentino

The increasing penetration of renewable energy resources, paired with the fact that load can vary significantly, introduce a high degree of uncertainty in the behavior of modern power grids. Given that classical dispatch solutions are…

Optimization and Control · Mathematics 2019-05-31 Mohammadreza Chamanbaz , Fabrizio Dabbene , Constantino Lagoa

We study linear policy approximations for the risk-conscious operation of an industrial energy system with uncertain wind power, significant and variable electricity demand, and high thermal output, as found in a modern foundry. The system…

Optimization and Control · Mathematics 2025-11-24 Johannes Nicklaus , Lea Brass , Gunnar Schubert
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