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We consider robust counterparts of uncertain combinatorial optimization problems, where the difference to the best possible solution over all scenarios is to be minimized. Such minmax regret problems are typically harder to solve than their…

Optimization and Control · Mathematics 2016-06-06 A. Chassein , M. Goerigk

This paper considers structural optimization under a reliability constraint, where the input distribution is only partially known. Specifically, when we only know that the expected value vector and the variance-covariance matrix of the…

Optimization and Control · Mathematics 2022-12-19 Yoshihiro Kanno

With the rapid growth in renewable energy and battery storage technologies, there exists significant opportunity to improve energy efficiency and reduce costs through optimization. However, optimization algorithms must take into account the…

Optimization and Control · Mathematics 2019-02-19 Chaitanya Poolla , Abraham K. Ishihara , Rodolfo Milito

Buildings are essential components of power grids, and their energy performance directly affects overall power system operation. This paper presents a novel stochastic optimization framework for building energy management systems, aiming to…

Systems and Control · Electrical Eng. & Systems 2025-03-12 Hossein Nourollahi Hokmabad , Tala Hemmati Shahsavar , Pedro P. Vergara , Oleksandr Husev , Juri Belikov

In recent advances in solving the problem of transmission network expansion planning, the use of robust optimization techniques has been put forward, as an alternative to stochastic mathematical programming methods, to make the problem…

Computational Engineering, Finance, and Science · Computer Science 2016-09-28 Roberto Minguez , Raquel Garcia-Bertrand

The distributed schedule optimization of energy storage constitutes a challenge. Such algorithms often expect an input set containing all feasible schedules or respectively require to efficiently search the schedule space. It is hardly…

Multiagent Systems · Computer Science 2022-11-07 Rico Schrage , Paul Hendrik Tiemann , Astrid Nieße

Supply chain resilience analysis aims to identify the critical elements in the supply chain, measure its reliability, and analyze solutions for improving vulnerabilities. While extensive methods like stochastic approaches have been…

Risk Management · Quantitative Finance 2024-05-22 Yaxin Pang , Shenle Pan , Eric Ballot

This work proposes a framework for multistage adjustable robust optimization that unifies the treatment of three different types of endogenous uncertainty, where decisions, respectively, (i) alter the uncertainty set, (ii) affect the…

Optimization and Control · Mathematics 2020-08-31 Qi Zhang , Wei Feng

This article addresses the residential energy cost optimization problem in smart grid. To date, most of the previous research only consider a partial aspect of the cost optimization problem. As a result, they fail to analyze scenarios when…

Systems and Control · Computer Science 2015-05-06 Muhammad Raisul Alam , Marc St-Hilaire , Thomas Kunz

In robust optimization, the general aim is to find a solution that performs well over a set of possible parameter outcomes, the so-called uncertainty set. In this paper, we assume that the uncertainty size is not fixed, and instead aim at…

Optimization and Control · Mathematics 2016-06-24 André Chassein , Marc Goerigk

Controllable building loads have the potential to increase the flexibility of power systems. A key step in developing effective and attainable load control policies is modeling the set of feasible building load profiles. In this paper, we…

Optimization and Control · Mathematics 2018-02-20 Jesus E. Contreras-Ocaña , Miguel A. Ortega-Vazquez , Daniel Kirschen , Baosen Zhang

The optimal control of sustainable energy supply systems, including renewable energies and energy storage, takes a central role in the decarbonization of industrial systems. However, the use of fluctuating renewable energies leads to…

Optimization and Control · Mathematics 2025-12-18 Eric Pilling , Martin Bähr , Ralf Wunderlich

The robust multi-product pricing problem is to determine the prices of a collection of products so as to maximize the worst-case revenue, where the worst case is taken over an uncertainty set of demand models that the firm expects could be…

Optimization and Control · Mathematics 2025-02-17 Xinyi Guan , Velibor V. Mišić

In this paper an adaptive load management system that uses predictive control optimization is introduced. This price elastic system is able to optimize the consumption of power and is fully autonomous and responsive to market clearing…

Systems and Control · Computer Science 2018-09-24 Muneer Mohammad

The power networks are evolving with increased active components such as energy storage and flexibility derived from loads such as electric vehicles, heat pumps, industrial processes, etc. Better models are needed to accurately represent…

Systems and Control · Electrical Eng. & Systems 2024-09-13 Md Umar Hashmi , Dirk Van Hertem , Aleen van der Meer , Andrew Keane

In this paper, we present and study a robust unit commitment model and some variants that consider complex temperature and demand uncertainties. Since there is a strong relationship among the efficiency of gas generators, demand, and…

Optimization and Control · Mathematics 2022-06-22 Wei Wang , Anna Danandeh , Brian Buckley , Bo Zeng

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

We investigate the probabilistic feasibility of randomized solutions to two distinct classes of uncertain multi-agent optimization programs. We first assume that only the constraints of the program are affected by uncertainty, while the…

Optimization and Control · Mathematics 2020-09-29 George Pantazis , Filiberto Fele , Kostas Margellos

This paper proposes risk-averse and risk-agnostic formulations to robust design in which solutions that satisfy the system requirements for a set of scenarios are pursued. These scenarios, which correspond to realizations of uncertain…

Optimization and Control · Mathematics 2025-11-07 Luis G. Crespo , Bret Stanford , Natalia Alexandrov

The ability to compute reward-optimal policies for given and known finite Markov decision processes (MDPs) underpins a variety of applications across planning, controller synthesis, and verification. However, we often want policies (1) to…

Logic in Computer Science · Computer Science 2025-11-18 Linus Heck , Filip Macák , Milan Češka , Sebastian Junges