Search Results - "Stochastic dual dynamic programming algorithm"

Improving the performance of the stochastic dual dynamic programming algorithm using Chebyshev centers by Beltrán, Felipe, Finardi, Erlon C., Fredo, Guilherme M., de Oliveira, Welington

“…In hydro predominant systems, the long-term hydrothermal scheduling problem (LTHS) is formulated as a multistage stochastic programming model. A classical…”
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Efficient Parallelization of the Stochastic Dual Dynamic Programming Algorithm Applied to Hydropower Scheduling by Helseth, Arild, Braaten, Hallvard

“…Stochastic dual dynamic programming (SDDP) has become a popular algorithm used in practical long-term scheduling of hydropower systems. The SDDP algorithm is…”
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Analysis of stochastic dual dynamic programming method by Shapiro, Alexander

“…In this paper we discuss statistical properties and convergence of the Stochastic Dual Dynamic Programming (SDDP) method applied to multistage linear…”
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Multi-Period Day-Ahead Storage Scheduling with Uncertain Inflow by Tang, Yusi, Zhou, Bo

“… Then, a stochastic dual dynamic programming algorithm is devised to find the optimal generation dispatching strategy…”
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Optimal bidding of a virtual power plant on the Spanish day-ahead and intraday market for electricity by Wozabal, David, Rameseder, Gunther

“…•Bidding on the Spanish spot markets can be planned as Markov decision process.•The problems solve sufficiently fast for the intended application.•Using…”
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Approximating hydropower systems by feasibility spaces in stochastic dual dynamic programming by Helseth, Arild

“…This work investigates and improves methodology for approximating hydropower systems by feasibility spaces, which can be embedded in the stochastic dual dynamic programming algorithm and applied…”
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Distributionally robust multi-stage stochastic programming for mid- and long-term cross-regional power markets by Huang, Yuhan, Ding, Tao, Zhang, Xiaosheng, Feng, Shuhai, Jin, Yiding, Sun, Yangsheng, Xing, Tong

“…•Designs a distributionally robust stochastic dual dynamic programming algorithm with risk-averse strategies to resolve the premature problem…”
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Stochastic dual dynamic programming applied to nonconvex hydrothermal models by Cerisola, Santiago, Latorre, Jesus M., Ramos, Andres

“…► We apply SDDP decomposition to a nonconvex hydrothermal model. ► Nonconvexity appears when modeling the nonlinear water head effects. ► The nonconvex…”
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Improving the performance of Stochastic Dual Dynamic Programming by de Matos, Vitor L., Philpott, Andy B., Finardi, Erlon C.

“…This paper is concerned with tuning the Stochastic Dual Dynamic Programming algorithm to make it more computationally efficient…”
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Medium-term stochastic hydrothermal scheduling with short-term operational effects for large-scale power and water networks by Navarro, Andrés, Favereau, Marcel, Lorca, Álvaro, Olivares, Daniel, Negrete-Pincetic, Matías

“… In this context, this paper proposes a medium-term multistage stochastic optimization model for the hydrothermal scheduling problem solved with the stochastic dual dynamic programming algorithm…”
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Assessing solution quality and computational performance in the long-term generation scheduling problem considering different hydro production function approaches by Fredo, Guilherme Luiz Minetto, Finardi, Erlon Cristian, de Matos, Vitor Luiz

“…The long-term generation scheduling (LTGS) problem aims at finding a generation policy that minimizes an objective function over a multi-year planning horizon…”
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The policy graph decomposition of multistage stochastic programming problems by Dowson, Oscar

“… We also propose an extension to the stochastic dual dynamic programming algorithm to solve a subset of problems formulated as a policy graph…”
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Dynamic programming and dimensionality in convex stochastic optimization and control by Pennanen, Teemu, Perkkiö, Ari-Pekka

“… The dimension is critical for the complexity of numerical dynamic programming algorithms and, in particular, for cutting plane schemes such as the stochastic dual dynamic programming algorithm…”
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The economic value of coordination in large-scale multireservoir systems: The Parana River case by Marques, Guilherme Fernandes, Tilmant, A.

“…The coordination of reservoir operation is critical for water systems' efficiency. Improved coordination requires sharing information, demanding a clear…”
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Distributed Multistage Optimization of Large-Scale Microgrids Under Stochasticity by Pacaud, Francois, De Lara, Michel, Chancelier, Jean-Philippe, Carpentier, Pierre

“…Microgrids are recognized as a relevant tool to absorb decentralized renewable energies in the energy mix. However, the sequential handling of multiple…”
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SDDP for some interstage dependent risk-averse problems and application to hydro-thermal planning by Guigues, Vincent

“… . For this type of problem, to obtain an approximate policy under some assumptions for functions b t and h tm , we detail a stochastic dual dynamic programming algorithm…”
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Impact of operating uncertainty on the performance of distributed, hybrid, renewable power plants by Ihsan, Abbas, Brear, Michael J., Jeppesen, Matthew

“… For the same, a multi-stage model using the Stochastic Dual Dynamic Programming algorithm with generation expansion is developed…”
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Real-time Stochastic Optimization of Energy Storage Management using Deep Learning based Forecasts for Residential PV Applications by Hafiz, Faeza, Awal, M. A., De Queiroz, Anderson Rodrigo, Husain, Iqbal

“…A computationally proficient real-time energy management method with stochastic optimization is presented for a residential PV-storage hybrid system comprised…”
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Multi-stage stochastic optimization of carbon risk management by Zapletal, František, Šmíd, Martin, Kozmík, Václav

“…Emissions trading within the Emissions Trading Scheme of the European Union (EU ETS) strongly influences European industrial companies. The companies must…”
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Distance-Based Distributionally Robust Optimization for a Preventive Maintenance Schedule in Hydrothermal Power Systems by Zheng, Zhijia, Liu, Mingbo, Zhang, Zihan, Dong, Jiarui, Xie, Min

“…This article proposes a distance-based distributionally robust optimization method to determine the optimal preventive maintenance schedule in hydrothermal…”
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