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In this paper, a framework with complete numerical investigation is proposed regarding the feasibility of constrained Nonlinear Model Predictive Control (NMPC) design using Data-Driven model of the cost function. Although the idea is very…

Systems and Control · Electrical Eng. & Systems 2020-05-11 Mazen Alamir

Model predictive control (MPC) has been shown to significantly improve the energy efficiency of buildings while maintaining thermal comfort. Data-driven approaches based on neural networks have been proposed to facilitate system modelling.…

Systems and Control · Electrical Eng. & Systems 2024-08-19 Marie-Christine Paré , Vasken Dermardiros , Antoine Lesage-Landry

This paper is devoted to the price-storage dynamics in natural gas markets. A novel stochastic path-dependent volatility model is introduced with path-dependence in both price volatility and storage increments. Model calibrations are…

Mathematical Finance · Quantitative Finance 2025-07-22 Jinniao Qiu , Antony Ware , Yang Yang

Demand response (DR), as one of the important energy resources in the future's grid, provides the services of peak shaving, enhancing the efficiency of renewable energy utilization with a short response period, and low cost. Various…

Artificial Intelligence · Computer Science 2022-02-10 Kuan-Cheng Lee , Hong-Tzer Yang , Wenjun Tang

Load management is being recognized as an important option for active user participation in the energy market. Traditional load management methods usually require a centralized powerful control center and a two-way communication network…

Signal Processing · Electrical Eng. & Systems 2018-05-09 Wei Zhang , Yinliang Xu , Sisi Li , MengChu Zhou , Wenxin Liu , Ying Xu

Modern power grids are fast evolving with the increasing volatile renewable generation, distributed energy resources (DERs) and time-varying operating conditions. The DERs include rooftop photovoltaic (PV), small wind turbines, energy…

Systems and Control · Electrical Eng. & Systems 2023-08-08 Xun Gong , Xiaozhe Wang , Bo Cao

The stochastic knapsack has been used as a model in wide ranging applications from dynamic resource allocation to admission control in telecommunication. In recent years, a variation of the model has become a basic tool in studying problems…

Pricing of Securities · Quantitative Finance 2008-12-02 Grace Lin , Yingdong Lu , David Yao

Design, control, and estimation for dynamic systems require accurate and analytically tractable models. However, modern engineered systems contain components that are described with heterogeneous modeling paradigms, as well as subsystems…

Systems and Control · Electrical Eng. & Systems 2026-04-21 Leeroy Makusha , Preston Abadie , Donald J. Docimo

Nowadays, the rapid increases of the scale and complexity of the controlled plants bring new challenges such as computing power and storage for conventional control systems. Cloud computing is concerned as a powerful solution to handle the…

Systems and Control · Electrical Eng. & Systems 2023-03-06 Runze Gao , Yuanqing Xia , Li Dai , Zhongqi Sun

The dramatic increase of observational data across industries provides unparalleled opportunities for data-driven decision making and management, including the manufacturing industry. In the context of production, data-driven approaches can…

Optimization and Control · Mathematics 2018-01-09 Najibesadat Sadati , Ratna Babu Chinnam , Milad Zafar Nezhad

The smart power grid aims at harnessing information and communication technologies to enhance reliability and enforce sensible use of energy. Its realization is geared by the fundamental goal of effective management of demand load. In this…

Networking and Internet Architecture · Computer Science 2010-08-24 Iordanis Koutsopoulos , Leandros Tassiulas

Explosive demand for wireless internet services has posed critical challenges for wireless network due to its limited capacity. To tackle this hurdle, wireless Internet service providers (WISPs) take the smart data pricing to manage data…

Networking and Internet Architecture · Computer Science 2016-10-27 Jinghuan Ma , Lingyang Song , Yonghui Li

This paper deals with the problem of cost-optimal operation of smart buildings that integrate a centralized HVAC system, photovoltaic generation and both thermal and electrical storage devices. Building participation in a Demand-Response…

Systems and Control · Computer Science 2019-02-19 Gianni Bianchini , Marco Casini , Daniele Pepe , Antonio Vicino , Giovanni Gino Zanvettor

In this paper we apply active learning algorithms for dynamic pricing in a prominent e-commerce website. Dynamic pricing involves changing the price of items on a regular basis, and uses the feedback from the pricing decisions to update…

Machine Learning · Statistics 2018-02-12 Ravi Ganti , Matyas Sustik , Quoc Tran , Brian Seaman

Driven by the opportunity to harvest the flexibility related to building climate control for demand response applications, this work presents a data-driven control approach building upon recent advancements in reinforcement learning. More…

Artificial Intelligence · Computer Science 2016-10-31 Giuseppe Tommaso Costanzo , Sandro Iacovella , Frederik Ruelens , T. Leurs , Bert Claessens

The growing adoption of electric vehicles (EVs) is increasing peak demand in distribution systems, which can threaten grid stability and reduce operational efficiency. Dynamic electricity pricing is a promising means of mitigating these…

Systems and Control · Electrical Eng. & Systems 2026-05-27 Jiarui Yu , Zhiyu He , Wenbin Wang , Colin N. Jones , Florian Dörfler , Hanmin Cai

This paper studies the problem of stochastic dynamic pricing and energy management policy for electric vehicle (EV) charging service providers. In the presence of renewable energy integration and energy storage system, EV charging service…

Signal Processing · Electrical Eng. & Systems 2018-01-09 Chao Luo , Yih-Fang Huang , Vijay Gupta

The prevalence of e-commerce has made detailed customers' personal information readily accessible to retailers, and this information has been widely used in pricing decisions. When involving personalized information, how to protect the…

Cryptography and Security · Computer Science 2021-07-27 Xi Chen , David Simchi-Levi , Yining Wang

Recently, the volatility associated with marginal prices has increased due to large scale integration of renewable generation. Price volatility is undesirable from a consumer perspective. To address this issue, we present a framework for…

Optimization and Control · Mathematics 2018-12-11 Shantanu Chakraborty , Kyri Baker , Milos Cvetkovic , Remco Verzijlbergh , Zofia Lukszo

The intermittent nature of renewable energy resources creates extra challenges in the operation and control of the electricity grid. Demand flexibility markets can help in dealing with these challenges by introducing incentives for…

Computer Science and Game Theory · Computer Science 2021-06-29 Khaled Abedrabboh , Luluwah Al-Fagih