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Managing supply and demand in the electricity grid is becoming more challenging due to the increasing penetration of variable renewable energy sources. As significant end-use consumers, and through better grid integration, buildings are…

Systems and Control · Electrical Eng. & Systems 2020-08-14 Anjukan Kathirgamanathan , Mattia De Rosa , Eleni Mangina , Donal P. Finn

Energy consumption in buildings, both residential and commercial, accounts for approximately 40% of all energy usage in the U.S., and similar numbers are being reported from countries around the world. This significant amount of energy is…

In recent years, there has been a significant focus on advancing the next generation of power systems. Despite these efforts, persistent challenges revolve around addressing the operational impact of uncertainty on predicted data,…

Optimization and Control · Mathematics 2024-03-15 Hien Thanh Doan , Minsoo Kim , Keunju Song , Hongseok Kim

Energy systems optimization problems are complex due to strongly non-linear system behavior and multiple competing objectives, e.g. economic gain vs. environmental impact. Moreover, a large number of input variables and different variable…

Decision-making in building energy systems critically depends on the predictive accuracy of relevant time-series models. In scenarios lacking extensive data from a target building, foundation models (FMs) represent a promising technology…

The integration of renewable energy sources (RES) into power grids presents significant challenges due to their intrinsic stochasticity and uncertainty, necessitating the development of new techniques for reliable and efficient forecasting.…

Machine Learning · Statistics 2024-09-13 Hanyu Zhang , Reza Zandehshahvar , Mathieu Tanneau , Pascal Van Hentenryck

Production planning must account for uncertainty in a production system, arising from fluctuating demand forecasts. Therefore, this article focuses on the integration of updated customer demand into the rolling horizon planning cycle. We…

Econometrics · Economics 2024-09-27 Manuel Schlenkrich , Wolfgang Seiringer , Klaus Altendorfer , Sophie N. Parragh

Stochastic Model Predictive Control has proved to be an efficient method to plan trajectories in uncertain environments, e.g., for autonomous vehicles. Chance constraints ensure that the probability of collision is bounded by a predefined…

Systems and Control · Electrical Eng. & Systems 2021-05-17 Tim Brüdigam , Fulvio di Luzio , Lucia Pallottino , Dirk Wollherr , Marion Leibold

There is an emerging need for efficient solutions to stochastic AC Optimal Power Flow ({AC-}OPF) to ensure optimal and reliable grid operations in the presence of increasing demand and generation uncertainty. This paper presents a highly…

Systems and Control · Electrical Eng. & Systems 2020-06-11 Ilyes Mezghani , Sidhant Misra , Deepjyoti Deka

Integration of modern defence weapons into ship power systems poses a challenge in terms of meeting the high ramp rate requirements of those loads. It might be demanding for the generators to meet the ramp rates of these loads. Failure to…

Optimization and Control · Mathematics 2021-05-27 Satish Vedula , Mehrzad Mohammadi Bijaieh , Ellis Oti Boateng , Olugbenga Moses Anubi

Home energy management systems (HEMSs) are expected to become a crucial part of future smart grids. However, there is a limited number of studies that comprehensively assess the potential economic benefits of HEMS for consumers under real…

Optimization and Control · Mathematics 2022-03-17 Julian Lemos-Vinasco , Amos Schledorn , S. Ali Pourmousavi , Daniela Guericke

Electrical weapons and combat systems integrated into ships create challenges for their power systems. The main challenge is operation under high-power ramp rate loads, such as rail-guns and radar systems. When operated, these load devices…

Optimization and Control · Mathematics 2017-04-11 Tuyen V. Vu , David Gonsoulin , Fernand Diaz , Chris S. Edrington , Touria El-Mezyani

In stochastic optimisation, the large number of scenarios required to faithfully represent the underlying uncertainty is often a barrier to finding efficient numerical solutions. This motivates the scenario reduction problem: by find a…

Optimization and Control · Mathematics 2021-06-23 Julien Keutchayan , Janosch Ortmann , Walter Rei

In this paper, a stochastic model with regime switching is developed for solar photo-voltaic (PV) power in order to provide short-term probabilistic forecasts. The proposed model for solar PV power is physics inspired and explicitly…

Applications · Statistics 2017-09-19 Raksha Ramakrishna , Anna Scaglione , Vijay Vittal

Phase balancing is essential to safe power system operation. We consider a substation connected to multiple phases, each with single-phase loads, generation, and energy storage. A representative of the substation operates the system and…

Optimization and Control · Mathematics 2015-11-30 Sun Sun , Ben Liang , Min Dong , Joshua A. Taylor

This paper presents models for renewable energy systems with storage, and considers its optimal operation. We model and simulate wind and solar power production using stochastic differential equations as well as storage of the produced…

Optimization and Control · Mathematics 2022-12-20 Nicola Cantisani , Tobias K. S. Ritschel , Christian A. Thilker , Henrik Madsen , John Bagterp Jørgensen

We consider some crucial problems related to the secure and reliable operation of power systems with high renewable penetrations: how much reserve should we procure, how should reserve resources distribute among different locations, and how…

Systems and Control · Electrical Eng. & Systems 2021-07-19 Jiantao Shi , Ye Guo , Lang Tong , Wenchuan Wu , Hongbin Sun

The last decade has seen the success of stochastic parameterizations in short-term, medium-range and seasonal forecasts: operational weather centers now routinely use stochastic parameterization schemes to better represent model inadequacy…

Aggregators of consumer energy resources (CERs) like rooftop solar and battery energy storage (BES) face challenges due to their inherent uncertainties. A sensible approach is to use stochastic optimization to handle such uncertainties,…

Systems and Control · Electrical Eng. & Systems 2025-11-03 Chatum Sankalpa , Ghulam Mohy-ud-din , Erik Weyer , Maria Vrakopoulou

Due to the limited predictability of wind power and other stochastic generation, trading this energy in competitive electricity markets is challenging. This paper derives revenue-maximising and risk-constrained strategies for stochastic…

General Finance · Quantitative Finance 2018-05-31 Jethro Browell