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The uncertainty quantification and risk modeling are hot topics in the operation and planning of energy systems. The system operators and planners are decision-makers that need to handle the uncertainty of input data of their models. As an…

Systems and Control · Electrical Eng. & Systems 2019-12-03 Majid Majidi , Behnam Mohammadi-Ivatlooa , Alireza Soroudi

Capacity expansion models used for policy support have increasingly represented both the variability and uncertainty of weather-dependent generation (wind and solar). However, although also uncertain, as demonstrated by the performance of…

Optimization and Control · Mathematics 2025-04-14 Kamran Forghani , Xiaoming Kan , Lina Reichenberg , Fredrik Hedenus

The interdependence of electricity and natural gas markets is becoming a major topic in energy research. Integrated energy models are used to assist decision-making for businesses and policymakers addressing challenges of energy transition…

General Finance · Quantitative Finance 2020-09-11 Iegor Riepin , Thomas Möbius , Felix Müsgens

Integrated Assessment Models (IAMs) are pivotal tools that synthesize knowledge from climate science, economics, and policy to evaluate the interactions between human activities and the climate system. They serve as essential instruments…

General Economics · Economics 2025-11-04 Yongyang Cai

Energy system models underpin decisions by energy system planners and operators. Energy system modelling faces a transformation: accounting for changing meteorological conditions imposed by climate change. To enable that transformation, a…

Familiarity with a simulation platform can seduce modellers into accepting untested assumptions for convenience of implementation. These assumptions may have consequences greater than commonly suspected, and it is important that modellers…

Quantitative Methods · Quantitative Biology 2014-02-28 Jerome K Vanclay

Energy systems optimisation models are a leading tool for informing decisions in the energy transition. However, these models often remain opaque, and results are frequently presented without a clear discussion of their epistemic…

Energy systems modellers often resort to simplified system representations and deterministic model formulations (i.e., not considering uncertainty) to preserve computational tractability. However, reduced levels of detail and neglected…

Physics and Society · Physics 2022-08-18 Maria Yliruka , Stefano Moret , Nilay Shah

Security of supply is a common and important concern when integrating renewables in net-zero power systems. Extreme weather affects both demand and supply leading to power system stress; in Europe this stress spreads continentally beyond…

Systems and Control · Electrical Eng. & Systems 2025-08-08 Aleksander Grochowicz , Hannah C. Bloomfield , Marta Victoria

Climate policy modelling is a key tool for assessing mitigation strategies in complex systems, where uncertainty is inherent and unavoidable. We present a general methodology for extensive uncertainty analysis in this field. While other…

Applications · Statistics 2026-05-15 Ian J. Burton , Femke J. M. M. Nijsse , James M. Salter

Computer models are widely used in decision support for energy systems operation, planning and policy. A system of models is often employed, where model inputs themselves arise from other computer models, with each model being developed by…

The energy system studies include a wide range of issues from short term (e.g. real-time, hourly, daily and weekly operating decisions) to long term horizons (e.g. planning or policy making). The decision making chain is fed by input…

Systems and Control · Electrical Eng. & Systems 2019-11-26 Alireza Soroudi , Turaj Amraee

Due to the penetration of renewable energy resources and load deviation, uncertainty handling is one of the main challenges for power system; therefore the need for accurate decision-making in a power system under the penetration of…

Systems and Control · Electrical Eng. & Systems 2019-11-26 Mohammad Hemmati , Behnam Mohammadi-Ivatloo , Alireza Soroudi

Energy model distortions may unknowingly appear and represent unrealistic and non-physical effects that can mislead optimal model decisions. A prominent misleading effect is unintended storage cycling that was observed in previous…

Physics and Society · Physics 2023-01-10 Maximilian Parzen , Martin Kittel , Daniel Friedrich , Aristides Kiprakis

To decarbonize the economy, many governments have set targets for the use of renewable energy sources. These are often formulated as relative shares of electricity demand or supply. Implementing respective constraints in energy models is a…

General Economics · Economics 2024-11-05 Martin Kittel , Wolf-Peter Schill

Energy systems models, critical for power sector decision support, incur non-linear memory and runtime penalties when scaling up under typical formulations. Even hardware improvements cannot make large models tractable, requiring omission…

Signal Processing · Electrical Eng. & Systems 2024-06-26 Anna F. Jacobson , Denise L. Mauzerall , Jesse D. Jenkins

Optimization models have been broadly used within side the energy industry as useful decision-making systems for scheduling and dispatching electric powered energy resources; this is applied in a system called unit commitment (UC). Unit…

Optimization and Control · Mathematics 2022-04-01 Angel Zambrano

Climate-economic modeling under uncertainty presents significant computational challenges that may limit policymakers' ability to address climate change effectively. This paper explores neural network-based approaches for solving…

Machine Learning · Computer Science 2025-05-20 Carlos Rodriguez-Pardo , Louis Daumas , Leonardo Chiani , Massimo Tavoni

Integrated Assessment Models (IAMs) are mainstay tools for assessing the long-term interactions between climate and the economy and for deriving optimal policy responses in the form of carbon prices. IAMs have been criticized for…

General Finance · Quantitative Finance 2016-03-22 Sgouris Sgouridis , Abdulla Kaya , Denes Csala

Uncertainties surrounding the energy transition often lead modelers to present large sets of scenarios that are challenging for policymakers to interpret and act upon. An alternative approach is to define a few qualitative storylines from…

Machine Learning · Computer Science 2023-11-14 Florian Joseph Baader , Stefano Moret , Wolfram Wiesemann , Iain Staffell , André Bardow
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