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In this paper we propose a tractable quadratic programming formulation for calculating the equilibrium term structure of electricity prices. We rely on a theoretical model described in [21], but extend it so that it reflects actually traded…

Pricing of Securities · Quantitative Finance 2014-09-24 Miha Troha , Raphael Hauser

We propose a technique for reformulation of state and parameter estimation problems as that of matching explicitly computable definite integrals with known kernels to data. The technique applies for a class of systems of nonlinear ordinary…

Optimization and Control · Mathematics 2013-09-11 I. Yu. Tyukin , A. N. Gorban

Power system restoration after a major blackout is a complex process, in which selection of energising paths is a key issue to realize unit and load restoration safely and efficiently. In general, the energising path scheme made beforehand…

Signal Processing · Electrical Eng. & Systems 2019-03-13 Shaoyan Li , Xueping Gu , Guangqi Zhou , Yang Li

As electrical generation becomes more distributed and volatile, and loads become more uncertain, controllability of distributed energy resources (DERs), regardless of their ownership status, will be necessary for grid reliability. Grid…

Systems and Control · Electrical Eng. & Systems 2024-10-22 Adam Lechowicz , Joshua Comden , Andrey Bernstein

We present two approaches for enhancing the accuracy of second order finite difference approximations of two-dimensional semilinear parabolic systems. These are the fourth order compact difference scheme and the fourth order scheme based on…

Numerical Analysis · Mathematics 2017-01-12 Ivan Dimov , Juri Kandilarov , Venelin Todorov , Lubin Vulkov

Power systems incrementally and continuously upgrade their components, such as transmission lines, reactive capacitors, or generating units. Decision-making tools often support the selection of the best set of components to upgrade.…

Systems and Control · Electrical Eng. & Systems 2021-04-13 Ilgiz Murzakhanov , David Pozo

High-dimensional partial differential equations (PDEs) are ubiquitous in economics, science and engineering. However, their numerical treatment poses formidable challenges since traditional grid-based methods tend to be frustrated by the…

Machine Learning · Statistics 2021-07-20 Lorenz Richter , Leon Sallandt , Nikolas Nüsken

This paper presents some ideas to reduce the computational cost of evidence-based robust design optimization. Evidence Theory crystallizes both the aleatory and epistemic uncertainties in the design parameters, providing two quantitative…

Computational Engineering, Finance, and Science · Computer Science 2012-07-17 Massimiliano Vasile , Edmondo Minisci , Quirien Wijnands

In today's cyber-enabled smart grids, high penetration of uncertain renewables, purposeful manipulation of meter readings, and the need for wide-area situational awareness, call for fast, accurate, and robust power system state estimation.…

Systems and Control · Computer Science 2019-02-07 Gang Wang , Georgios B. Giannakis , Jie Chen

Time-series information needs to be incorporated into energy system optimization to account for the uncertainty of renewable energy sources. Typically, time-series aggregation methods are used to reduce historical data to a few…

Optimization and Control · Mathematics 2025-05-22 Moritz Wedemeyer , Eike Cramer , Alexander Mitsos , Manuel Dahmen

We introduce a comprehensive data-driven framework aimed at enhancing the modeling of physical systems, employing inference techniques and machine learning enhancements. As a demonstrative application, we pursue the modeling of cathodic…

Computational Physics · Physics 2025-02-04 Christian Jacobsen , Jiayuan Dong , Mehdi Khalloufi , Xun Huan , Karthik Duraisamy , Maryam Akram , Wanjiao Liu

The limitations of centralized optimization methods for power systems operation have led to the distributed computing paradigm, particularly in power distribution systems. The existing techniques reported in recent literature for solving…

Systems and Control · Electrical Eng. & Systems 2020-12-07 Rabayet Sadnan , Anamika Dubey

We introduce optimal energy shaping as an enhancement of classical passivity-based control methods. A promising feature of passivity theory, alongside stability, has traditionally been claimed to be intuitive performance tuning along the…

Systems and Control · Electrical Eng. & Systems 2021-01-15 Stefano Massaroli , Michael Poli , Federico Califano , Jinkyoo Park , Atsushi Yamashita , Hajime Asama

Compared with the fixed-run designs, the sequential adaptive designs (SAD) are thought to be more efficient and effective. Efficient global optimization (EGO) is one of the most popular SAD methods for expensive black-box optimization…

Machine Learning · Computer Science 2020-10-22 Jianhui Ning , Yao Xiao , Zikang Xiong

With dramatic breakthroughs in recent years, machine learning is showing great potential to upgrade the toolbox for power system optimization. Understanding the strength and limitation of machine learning approaches is crucial to decide…

Systems and Control · Electrical Eng. & Systems 2022-02-03 Guangchun Ruan , Haiwang Zhong , Guanglun Zhang , Yiliu He , Xuan Wang , Tianjiao Pu

There is a growing need for new optimization methods to facilitate the reliable and cost-effective operation of power systems with intermittent renewable energy resources. In this paper, we formulate the robust AC optimal power flow…

Optimization and Control · Mathematics 2018-04-03 Raphael Louca , Eilyan Bitar

The Optimal Reactive Power Dispatch (ORPD) problem plays a crucial role in power system operations, ensuring voltage stability and minimizing power losses. Recent advances in machine learning, particularly within the ``learning to…

Machine Learning · Computer Science 2025-06-02 Ignacio Boero , Santiago Diaz , Tomás Vázquez , Enzo Coppes , Pablo Belzarena , Federico Larroca

Optimal stopping is the problem of deciding when to stop a stochastic system to obtain the greatest reward, arising in numerous application areas such as finance, healthcare and marketing. State-of-the-art methods for high-dimensional…

Optimization and Control · Mathematics 2020-01-01 Dragos Florin Ciocan , Velibor V. Mišić

Several concepts on the measure of observability, reachability, and robustness are defined and illustrated for both linear and nonlinear control systems. Defined by using computational dynamic optimization, these concepts are applicable to…

Optimization and Control · Mathematics 2009-07-17 Wei Kang , Liang Xu

Various real-world scientific applications involve the mathematical modeling of complex uncertain systems with numerous unknown parameters. Accurate parameter estimation is often practically infeasible in such systems, as the available…

Machine Learning · Computer Science 2023-04-12 Qihua Chen , Xuejin Chen , Hyun-Myung Woo , Byung-Jun Yoon