Incorporating institutions into optimization-based energy system models

The pledge for a carbon-free energy system in 2050 requires significant investments into renewable energy sources (RES). The relevant questions are: what technologies to select, where to build them, how much the capacities are, and at what cost. In order to answer these techno-economic questions, optimization models are commonly used to sketch a...

Generalized Models of Sequential Decision-Making under Uncertainty

Sequential decision-making under uncertainty is an important branch of artificial intelligence research with a plethora of real-life applications. In this thesis, we generalize two fundamental properties of the decision-making process. First, we show that the theory on planning methods for finite spaces can be extended to infinite but countable...

Coordination Strategies for Reducing Price Volatility in Local Electricity Markets

With increasing renewable energy and cross-sectoral electrification price volatility is increasing. Flexibility through demand-side management and electric storage has the potential for reducing price volatility. In this thesis, using duality theory the flexibility required for constraining price to a maximum limit is quantified. <br/...