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In this paper we consider an energy storage optimization problem in finite time in a model with partial information that allows for a changing economic environment. The state process consists of the storage level controlled by the storage…

Mathematical Finance · Quantitative Finance 2016-06-21 Anton A. Shardin , Michaela Szölgyenyi

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

The rise of advanced data technologies in electric power distribution systems enables operators to optimize operations but raises concerns about data security and consumer privacy. Resulting data protection mechanisms that alter or…

Optimization and Control · Mathematics 2024-10-17 Mehrnoush Ghazanfariharandi , Robert Mieth

The paper suggests a new stochastic model for energy producing, dispatching, and storing in the multi-battery setting that takes into account the topology of the system of the links between the batteries, the transmission and storage…

Optimization and Control · Mathematics 2019-10-15 Nikolai Dokuchaev

We consider the problem of characterizing the locational marginal value of energy storage capacity in electric power networks with stochastic renewable supply and demand. The perspective taken is that of a system operator, whose objective…

Optimization and Control · Mathematics 2016-12-07 Subhonmesh Bose , Eilyan Bitar

Scheduling and loading of chillers in a multi-chiller plant is considered. A new framework is introduced considering an extended set of independent variables for the optimization problem of energy consumption. In this way the number of…

Systems and Control · Electrical Eng. & Systems 2025-12-19 Manuel R. Arahal , Manuel G. Satué , Manuel G. Ortega

Within the context of renewable energy communities, this paper focuses on optimal operation of producers equipped with energy storage systems in the presence of demand response. A novel strategy for optimal scheduling of the storage systems…

Optimization and Control · Mathematics 2025-03-11 Gianni Bianchini , Marco Casini , Milad Gholami

We consider the problem of optimal trading for a power producer in the context of intraday electricity markets. The aim is to minimize the imbalance cost induced by the random residual demand in electricity, i.e. the consumption from the…

Trading and Market Microstructure · Quantitative Finance 2018-11-27 René Aïd , Pierre Gruet , Huyên Pham

Optimal scheduling of batteries has significant potential to reduce electricity costs and to enhance grid resilience. However, effective battery scheduling must account for both physical constraints as well as uncertainties in consumption…

Optimization and Control · Mathematics 2026-04-01 Janik Pinter , Maximilian Beichter , Ralf Mikut , Veit Hagenmeyer , Frederik Zahn

To tackle the difficulties faced by both stochastic dynamic programming and scenario tree methods, we present some variational approach for numerical solution of stochastic optimal control problems. We consider two different interpretations…

Optimization and Control · Mathematics 2009-07-28 Pierre Carpentier , Guy Cohen , Anes Dallagi

Trajectory optimization is a fundamental stochastic optimal control problem. This paper deals with a trajectory optimization approach for dynamical systems subject to measurement noise that can be fitted into linear time-varying stochastic…

Systems and Control · Electrical Eng. & Systems 2021-08-24 Prakash Mallick , Zhiyong Chen

In this paper, we consider the classic stochastic (dynamic) knapsack problem, a fundamental mathematical model in revenue management, with general time-varying random demand. Our main goal is to study the optimal policies, which can be…

Optimization and Control · Mathematics 2018-07-19 Yingdong Lu

This paper is devoted to a consumer-preferred community-level energy management system (CEMS), in which a system manager allows consumers their selfish decisions of power-saving while regulating the overall demand-supply imbalance. The key…

Systems and Control · Electrical Eng. & Systems 2019-11-19 Suzuna Shibasaki , Masaki Inoue , Mitsuru Arahata , Vijay Gupta

This paper presents a non-cooperative distributed model predictive controller for the control of large-scale District Heating Networks. To enable the design of this controller a novel information passing scheme and feasibility restoration…

Systems and Control · Electrical Eng. & Systems 2025-01-27 Audrey Blizard , Stephanie Stockar

In this paper, we consider the electricity cost minimization problem in a residential network where each community is equipped with a distributed power generation source and every household in the community has a set of essential and…

Optimization and Control · Mathematics 2012-12-11 Yi Liu , Naveed Ul Hassan , Shisheng Huang , Chau Yuen

The optimal control problem of stochastic systems is commonly solved via robust or scenario-based optimization methods, which are both challenging to scale to long optimization horizons. We cast the optimal control problem of a stochastic…

Machine Learning · Computer Science 2025-09-17 Etienne Buehrle , Christoph Stiller

One of the most far-reaching use cases of the internet of things is in smart grid and smart home operation. The smart home concept allows residents to control, monitor, and manage their energy consumption with minimum loss and…

Systems and Control · Electrical Eng. & Systems 2025-02-11 S. Saba Rafiei , Mahdi S. Naderi , Mehrdad Abedi

For Industrial Wireless Sensor Networks, it is essential to reliably sense and deliver the environmental data on time to avoid system malfunction. While energy harvesting is a promising technique to extend the lifetime of sensor nodes, it…

Networking and Internet Architecture · Computer Science 2016-05-12 Lei Lei , Yiru Kuang , Xuemin , Shen , Kan Yang , Jian Qiao , Zhangdui Zhong

We present a stochastic model predictive control (MPC) framework for central heating, ventilation, and air conditioning (HVAC) plants. The framework uses real data to forecast and quantify uncertainty of disturbances affecting the system…

Optimization and Control · Mathematics 2020-02-25 Ranjeet Kumar , Michael J. Wenzel , Mohammad N. ElBsat , Michael J. Risbeck , Kirk H. Drees , Victor M. Zavala

This paper investigates the norm and time optimal control problems for stochastic heat equations. We begin by presenting a characterization of the norm optimal control, followed by a discussion of its properties. We then explore the…

Optimization and Control · Mathematics 2023-08-17 Yuanhang Liu , Donghui Yang , Jie Zhong