Distributed Demand Side Management With Stochastic Wind Power Forecasting

In this article, we propose a distributed demand-side management (DSM) approach for smart grids taking into account uncertainty in wind power forecasting. The smart grid model comprehends traditional users as well as active users (prosumers). Through a rolling-horizon approach, prosumers participate in a DSM program, aiming at minimizing...

Risk-Based Constraints for the Optimal Operation of an Energy Community

This paper formulates an energy community's centralized optimal bidding and scheduling problem as a time-series scenario-driven stochastic optimization model, building on real-life measurement data. In the presented model, a surrogate battery storage system with uncertain state-of-charge (SoC) bounds approximates the portfolio's aggregated...

Surrogate-assisted inversion for large-scale history matching: Comparative study between projection-based reduced-order modeling and deep neural network

History matching can play a key role in improving geological characterization and reducing the uncertainty of reservoir model predictions. Application of reservoir history matching is restricted by the huge computational cost by amongst others the many runs of the full model. Surrogate models with a reduced complexity are therefore used to...

SGD_Tucker: A Novel Stochastic Optimization Strategy for Parallel Sparse Tucker Decomposition

Sparse Tucker Decomposition (STD) algorithms learn a core tensor and a group of factor matrices to obtain an optimal low-rank representation feature for the High-Order, High-Dimension, and Sparse Tensor (HOHDST). However, existing STD algorithms face the problem of intermediate variables explosion which results from the fact that the...

Online label aggregation: A variational bayesian approach

Noisy labeled data is more a norm than a rarity for crowd sourced contents. It is effective to distill noise and infer correct labels through aggregating results from crowd workers. To ensure the time relevance and overcome slow responses of workers, online label aggregation is increasingly requested, calling for solutions that can...

Distributed computational framework for large-scale stochastic convex optimization

This paper presents a distributed computational framework for stochastic convex optimization problems using the so-called scenario approach. Such a problem arises, for example, in a large-scale network of interconnected linear systems with local and common uncertainties. Due to the large number of required scenarios to approximate the...

A distributed, rolling-horizon demand side management algorithm under wind power uncertainty

In this paper, we consider a smart grid where users behave selfishly, aiming at minimizing cost in the presence of uncertain wind power availability. We adopt a demand side management (DSM) model, where active users (so-called prosumers) have both private generation and local storage availability. These prosumers participate to the DSM...

Lookahead Approximate Dynamic Programming for Stochastic Aircraft Maintenance Check Scheduling Optimization

This paper proposes a lookahead approximate dynamic programming methodology for aircraft maintenance check scheduling, considering the uncertainty of aircraft daily utilization and maintenance check elapsed time. It adopts a dynamic programming framework, using a hybrid lookahead scheduling policy. The hybrid lookahead scheduling policy makes...

Stochastic bidding of volume and price in constrained energy and reserve markets

The power system is undergoing a significant change as it adapts to the intermittency and uncertainty from renewable generation. Flexibility from loads such as electric vehicles (EVs) can serve as reserves to sustain the supply-demand balance in the grid. Some reserve markets have rules for participation that are computationally challenging...

Deep reinforcement learning driven inspection and maintenance planning under incomplete information and constraints

Determination of inspection and maintenance policies for minimizing long-term risks and costs in deteriorating engineering environments constitutes a complex optimization problem. Major computational challenges include the (i) curse of dimensionality, due to exponential scaling of state/action set cardinalities with the number of components; ...

Electricity markets operation planning with risk-averse agents: Stochastic decomposition and equilibrium

The growing penetration of renewable energy sources in electricity systems requires adapting operation models to face the inherent variability and uncertainty of wind or solar generation. In addition, the volatility of fuel prices (such as natural gas) or the uncertainty of the hydraulic natural inflows requires to take into account all these...

Robust unit commitment with dispatchable wind power

The increasing penetration of uncertain generation such as wind and solar in power systems imposes new challenges to the unit commitment (UC) problem, one of the most critical tasks in power systems operations. The two most common approaches to address these challenges — stochastic and robust optimization — have drawbacks that restrict their...

LQG control with minimum directed information: Semidefinite programming approach

We consider a discrete-time Linear-QuadraticGaussian (LQG) control problem in which Massey’s directed information from the observed output of the plant to the control input is minimized while required control performance is attainable. This problem arises in several different contexts, including joint encoder and controller design for data-rate...

Hybrid Population Based MVMO for Solving CEC 2018 Test Bed of Single-Objective Problems

The MVMO algorithm (Mean-Variance Mapping Optimization) has two main features: I) normalized search range for each dimension (associated to each optimization variable); ii) use of a mapping function to generate a new value of a selected optimization variable based on the mean and variance derived from the best solutions achieved so far. The...

Stochastic Optimal Control Based on Monte Carlo Simulation and Least-Squares Regressiond

In the financial engineering field, many problems can be formulated as stochastic control problems. A unique feature of the stochastic control problem is that uncertain factors are involved in the evolution of the controlled system and thus the objective function in the stochastic control is typically formed by an expectation operator. There are...