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Water utilities aim to reduce the high electrical costs of Water Distribution Networks (WDNs), primarily driven by pumping. However, pump scheduling is challenging due to model uncertainties and water demand forecast errors. This paper…

Systems and Control · Electrical Eng. & Systems 2025-07-25 Mirhan Ürkmez , Carsten Kallesøe , Jan Dimon Bendtsen , Eric C. Kerrigan , John Leth

This paper proposes a novel energy storage price arbitrage algorithm combining supervised learning with dynamic programming. The proposed approach uses a neural network to directly predicts the opportunity cost at different energy storage…

Systems and Control · Electrical Eng. & Systems 2022-11-22 Ningkun Zheng , Xiaoxiang Liu , Bolun Xu , Yuanyuan Shi

We review attempts that have been made towards understanding the computational properties and mechanisms of input-driven dynamical systems like RNNs, and reservoir computing networks in particular. We provide details on methods that have…

Neural and Evolutionary Computing · Computer Science 2014-01-10 Oliver Obst , Joschka Boedecker

Motivated by distributed statistical learning over uncertain communication networks, we study distributed stochastic optimization by networked nodes to cooperatively minimize a sum of convex cost functions. The network is modeled by a…

Systems and Control · Electrical Eng. & Systems 2025-01-03 Yan Chen , Alexander L. Fradkov , Keli Fu , Xiaozheng Fu , Tao Li

Trading on the day-ahead electricity markets requires accurate information about the realization of electricity prices and the uncertainty attached to the predictions. Deriving accurate forecasting models presents a difficult task due to…

Machine Learning · Computer Science 2024-03-25 Hannes Hilger , Dirk Witthaut , Manuel Dahmen , Leonardo Rydin Gorjao , Julius Trebbien , Eike Cramer

Deep learning techniques have shown promise in many domain applications. This paper proposes a novel deep reservoir computing framework, termed deep recurrent stochastic configuration network (DeepRSCN) for modelling nonlinear dynamic…

Machine Learning · Computer Science 2024-10-29 Gang Dang , Dianhui Wang

We develop a backward-in-time machine learning algorithm that uses a sequence of neural networks to solve optimal switching problems in energy production, where electricity and fossil fuel prices are subject to stochastic jumps. We then…

Optimization and Control · Mathematics 2023-09-19 Erhan Bayraktar , Asaf Cohen , April Nellis

Currently, legal requirements demand that insurance companies increase their emphasis on monitoring the risks linked to the underwriting and asset management activities. Regarding underwriting risks, the main uncertainties that insurers…

Risk Management · Quantitative Finance 2020-08-19 Eduardo Ramos-Pérez , Pablo J. Alonso-González , José Javier Núñez-Velázquez

The manpower scheduling problem is a kind of critical combinational optimization problem. Researching solutions to scheduling problems can improve the efficiency of companies, hospitals, and other work units. This paper proposes a new model…

Machine Learning · Computer Science 2021-05-11 Tianyu Liu , Lingyu Zhang

A prominent challenge to the safe and optimal operation of the modern power grid arises due to growing uncertainties in loads and renewables. Stochastic optimal power flow (SOPF) formulations provide a mechanism to handle these…

Optimization and Control · Mathematics 2021-12-07 Sarthak Gupta , Sidhant Misra , Deepjyoti Deka , Vassilis Kekatos

Real-time and accurate water supply forecast is crucial for water plant. However, most existing methods are likely affected by factors such as weather and holidays, which lead to a decline in the reliability of water supply prediction. In…

Machine Learning · Computer Science 2020-01-01 Yuhao Long , Jingcheng Wang , Jingyi Wang

This paper presents a stochastic logic time delay reservoir design. The reservoir is analyzed using a number of metrics, such as kernel quality, generalization rank, performance on simple benchmarks, and is also compared to a deterministic…

Machine Learning · Statistics 2017-02-15 Cory Merkel

In this paper, statistical machine learning algorithms, as well as deep neural networks, are used to predict the values of the price gap between day-ahead and real-time electricity markets. Several exogenous features are collected and…

Systems and Control · Electrical Eng. & Systems 2020-12-24 Nika Nizharadze , Arash Farokhi Soofi , Saeed D. Manshadi

We extend stochastic network optimization theory to treat networks with arbitrary sample paths for arrivals, channels, and mobility. The network can experience unexpected link or node failures, traffic bursts, and topology changes, and…

Optimization and Control · Mathematics 2010-01-07 Michael J. Neely

We explore the use of deep reinforcement learning to provide strategies for long term scheduling of hydropower production. We consider a use-case where the aim is to optimise the yearly revenue given week-by-week inflows to the reservoir…

Machine Learning · Computer Science 2020-12-14 Signe Riemer-Sorensen , Gjert H. Rosenlund

Many U.S. metropolitan cities are notorious for their severe shortage of parking spots. To this end, we present a proactive prediction-driven optimization framework to dynamically adjust parking prices. We use state-of-the-art deep learning…

Machine Learning · Computer Science 2022-08-31 Seoyoung Hong , Heejoo Shin , Jeongwhan Choi , Noseong Park

In day-ahead electricity markets based on uniform marginal pricing, small variations in the offering and bidding curves may substantially modify the resulting market outcomes. In this work, we deal with the problem of finding the optimal…

Applications · Statistics 2024-07-01 António Alcántara , Carlos Ruiz

We present a novel recurrent neural network architecture specifically designed for day-ahead electricity price forecasting, aimed at improving short-term decision-making and operational management in energy systems. Our combined forecasting…

Machine Learning · Statistics 2026-01-29 Souhir Ben Amor , Florian Ziel

Temporal data modelling techniques with neural networks are useful in many domain applications, including time-series forecasting and control engineering. This paper aims at developing a recurrent version of stochastic configuration…

Machine Learning · Computer Science 2025-04-03 Dianhui Wang , Gang Dang

A promising approach to hedge against the inherent uncertainty of renewable generation is to equip the renewable plants with energy storage systems. This paper focuses on designing profit maximization offering strategies, i.e., the…

Computer Science and Game Theory · Computer Science 2016-12-02 Lin Yang , Mohammad H. Hajiesmaili , Hanling Yi , Minghua Chen