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Managing unemployment is one of the key issues in social policies. Unemployment insurance schemes are designed to cushion the financial and morale blow of loss of job but also to encourage the unemployed to seek new jobs more pro-actively…

Statistical Finance · Quantitative Finance 2019-09-05 Jason S. Anquandah , Leonid V. Bogachev

Distributed, controllable energy storage devices offer several benefits to electric power system operation. Three such benefits include reducing peak load, providing standby power, and enhancing power quality. These benefits, however, are…

Physics and Society · Physics 2014-09-10 Reza Arghandeh , Jeremy Woyak , Ahmet Onen , Jaesung Jung , Robert P. Broadwater

Natural disasters require repairing all damaged components in electricity distribution networks. Optimal scheduling repair crews to minimize the aggregate duration of interruptions reduces the harm. We consider the fact that the number of…

Optimization and Control · Mathematics 2019-06-18 Yushi Tan , Arindam K. Das , Payman Arabshahi , Daniel S. Kirschen

Power grid expansion planning requires making large investment decisions in the present that will impact the future cost and reliability of a system exposed to wide-ranging uncertainties. Extreme temperatures can pose significant challenges…

Optimization and Control · Mathematics 2024-05-30 Ramsey Rossmann , Mihai Anitescu , Julie Bessac , Michael Ferris , Mitchell Krock , James Luedtke , Line Roald

A central challenge in using price signals to coordinate the electricity consumption of a group of users is the operator's lack of knowledge of the users due to privacy concerns. In this paper, we develop a two-time-scale incentive…

Computer Science and Game Theory · Computer Science 2024-04-01 Jiayi Li , Matthew Motoki , Baosen Zhang

Power-generating ships or Power Ships (PSs) are considered one of the largest mobile energy resources. In this paper, a model is proposed to evaluate the integration of PSs into power grid operations. The model optimally coordinates the…

Optimization and Control · Mathematics 2019-05-29 Motab Almousa

Improving distribution grid reliability is a major challenge for planning and operation of distribution systems having a high share of distributed generators (DGs). The rise of DGs share can lead to unplanned contingencies while on the…

Systems and Control · Electrical Eng. & Systems 2020-04-23 Sohail Khan , Sawsan Henein , Helfried Brunner

Minimizing the peak power consumption and matching demand to supply, under fixed threshold polices, are two key requirements for the success of the future electricity market. In this work, we consider dynamic pricing methods to minimize the…

Optimization and Control · Mathematics 2016-10-26 Zaid Almahmoud , Jacob Crandall , Khaled Elbassioni , Trung Thanh Nguyen , Mardavij Roozbehani

With electric power infrastructure posing an increasing risk of igniting wildfires under continuing climate change, utilities are frequently de-energizing power lines to mitigate wildfire ignition risk, which can cause load shedding. Recent…

Systems and Control · Electrical Eng. & Systems 2025-06-19 Ryan Piansky , Rahul K. Gupta , Daniel K. Molzahn

Risk analysis is currently not quantified in microgrid resource scheduling optimization. This paper conducts a conditional value at risk (cVaR) analysis on a grid-disconnected residential microgrid with distributed energy resources (DER).…

Systems and Control · Electrical Eng. & Systems 2023-01-05 Ali Siddique , Cunzhi Zhao , Xingpeng Li

Networked control systems (NCS) have attracted considerable attention in recent years. While the stabilizability and optimal control of NCS for a given communication system has already been studied extensively, the design of the…

Systems and Control · Computer Science 2018-10-12 Ben W. Carabelli , Rainer Blind , Frank Dürr , Kurt Rothermel

A fast and scalable iterative methodology for solving the security-constrained optimal power flow (SCOPF) problem is proposed using problem decomposition and the inverse matrix modification lemma. The SCOPF formulation tackles system…

Optimization and Control · Mathematics 2024-07-22 Matias Vistnes , Vijay Venu Vadlamudi , Oddbjørn Gjerde

Motivated by the cost savings that can be obtained by sharing resources in a network context, we consider a stylized, yet representative model, for the coordination of maintenance and service logistics for a geographic network of assets.…

Optimization and Control · Mathematics 2019-08-19 C. Drent , S. Kapodistria , J. A. C. Resing

We propose and analyze the application of statistical functional depth metrics for the selection of extreme scenarios in day-ahead grid planning. Our primary motivation is screening of probabilistic scenarios for realized load and renewable…

Machine Learning · Statistics 2025-05-13 Guillermo Terrén-Serrano , Michael Ludkovski

As electricity consumption grows, reducing peak demand--the maximum load on the grid--has become critical for preventing infrastructure strain and blackouts. Pricing mechanisms that incentivize consumers with flexible loads to shift…

Computer Science and Game Theory · Computer Science 2025-11-17 Vade Shah , Jason R. Marden

In societal-scale infrastructures, such as electric grids or transportation networks, pricing mechanisms are often used as a way to shape users' demand in order to lower operating costs and improve reliability. Existing approaches to…

Systems and Control · Electrical Eng. & Systems 2023-08-01 Spencer Hutchinson , Berkay Turan , Mahnoosh Alizadeh

In the past decade, summer wildfires have become the norm in California, and the United States of America. These wildfires are caused due to variety of reasons. The state collects wildfire funds to help the impacted customers. However, the…

General Economics · Economics 2025-12-22 Ramandeep Kaur Bagri , Yihsu Chen

Process Planning and Scheduling (PPS) is an essential and practical topic but a very intractable problem in manufacturing systems. Many research use iterative methods to solve such problems; however, they cannot achieve satisfactory results…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-08-18 Kai Sun

Meeting the ever-growing needs of the power grid requires constant infrastructure enhancement. There are two important aspects for a grid ability to ensure continuous and reliable electricity delivery to consumers: capacity, the maximum…

Optimization and Control · Mathematics 2024-07-08 Rene Carmona , Xinshuo Yang , Claire Zeng

Process Management Systems (PMSs) are currently more and more used as a supporting tool for cooperative processes in pervasive and highly dynamic situations, such as emergency situations, pervasive healthcare or domotics/home automation.…

Software Engineering · Computer Science 2009-06-24 Massimiliano de Leoni