Montree Jaidee

Measuring the Economic Value of Wind–Solar Complementarity in Europe Using Chance Constraints

  • Montree Jaidee
  • Bismark Singh
    • Categories Energy, Stochastic Programming Tags , , , ,

    The variability of wind and solar photovoltaic (PV) generation poses significant risks for producers in day-ahead electricity markets, where commitments must be made before actual output is realized. A common mitigation strategy is to invest in storage, but an alternative is to exploit the natural complementarity between wind and solar resources. We evaluate this economic … Read more

    The Prime Programming Problem: Formulations and Solution Methods

  • Montree Jaidee
  • Bismark Singh
    • Categories Integer Programming Tags , , , ,

    We introduce the prime programming problem as a subclass of integer programming. These optimization models impose the restriction of feasible solutions being prime numbers. Then, we demonstrate how several classical problems in number theory can be formulated as prime programs. To solve such problems with a commercial optimization solver, we extend the branch-and-bound procedure of … Read more