A Robust Optimization Framework for Wildfire Fuel Management
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natural resources
Optimal management and sizing of energy storage under dynamic pricing for the efficient integration of renewable energy
In this paper, we address the optimal energy storage management and sizing problem in the presence of renewable energy and dynamic pricing. We formulate the problem as a stochastic dynamic programming problem that aims to minimize the long-term average cost of conventional generation used as well as investment in storage, if any, while satisfying all … Read more